Shares in owner of Marie Claire, Techradar and GoCompare rise 15% after forecast of higher profits
Staff at Future, the owner of magazines from Marie Claire to Metal Hammer, are to share a £10m bonus pot after the pandemic-proof publisher reported expectation-busting revenues and profits for the year.
Shares in the company, which also owns digital assets including TechRadar and comparison site GoCompare, soared by more than 15% to make it the biggest riser on the FTSE 250 on Tuesday morning as investors cheered a forecast that next year will be even better, with results “materially above” existing estimates.
