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Future reports 1% revenue growth

Advertising up 4 per cent due to increase in online revenue

Future has published its financial results for the nine months ended June 30.

The publisher's interim management statement has revealed improved results, with revenue up 1 per cent. The company reports that the percentage growth reflects a revenue growth of 5 per cent in Q3.

Advertising is also up 4 per cent, made up of a 39 per cent increase in online advertising revenue, however Future also reported a 2 per cent reduction in print advertising revenue.

"We have continued to make good progress during the third quarter of our financial year – particularly in digital development," said Stevie Spring, Future's chief executive.

"While the market remains tough, Future is proving resilient and we remain firmly on track for a satisfactory outturn for the full year."

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James Lee