Future Plc FY23 Adj. Profit Declines; Revenue Down 10% On Organic Basis
Future plc (FUTR.L) reported fiscal 2023 profit before tax of 138.1 million pounds, down 19% from previous year. Earnings per share was 94.1 pence compared to 100.9 pence. Adjusted operating profit declined 6% to 256.4 million pounds. Adjusted EPS was 140.9 pence compared to 163.5 pence.
Fiscal year revenue was 788.9 million pounds, down 4% year-on-year, impacted by a 10% organic decline. UK revenue declined by 4% on an organic basis.
The Board recommended a final dividend of 3.4 pence per share for the year ended 30 September 2023, payable on 13 February 2024 to all shareholders on the register at close of business on 19 January 2024.
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Original: RTT – Earnings: Future Plc FY23 Adj. Profit Declines; Revenue Down 10% On Organic Basis