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Go.Compare is star Future performer
Evening Standard
|May 16, 2024
THE rebound for Future shares moved up a gear today as the publisher's Go.Compare business revealed a big boost from motorists switching car insurance.
FTSE 250-listed Future, whose magazine titles include Marie Claire and Country Life, jumped by a fifth in value after its encouraging half-year results.
Reporting a return to revenues growth in the second quarter, chief executive Jon Steinberg backed up the improved trends by revealing another £45 million buyback of shares.
Price comparison business Go.Compare provided the standout performance in the half year as its revenues surged 30% to £96.1 million amid strong car insurance demand.
Denne historien er fra May 16, 2024-utgaven av Evening Standard.
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