All posts tagged: plc

Why Future Plc share price is so low: Google blamed by CEO

Why Future Plc share price is so low: Google blamed by CEO

Future media brands Future plc’s share price plummeted on Tuesday as the UK-based magazine and specialist publishing giant said Google changes had led to a 20% decline in online audience in the first half of its financial year to 31 March. This continues a trend as Future’s total audience was also down about 20% in the six months to 30 September. But it indicates a sharp acceleration on the 10% decline in consumer website sessions that Future revealed in its last full-year results at the end of September 2025. Future’s share price fell 28% on Wednesday to a level last seen in 2017 of £2.82 per share, making the company worth £267m. Future has spent more than £1.5bn on acquisitions since the company was last worth its current market value. In the year to 30 September 2025, Future revenue fell 6% to £739.2m and profit before tax fell 11% to £91.9m. Future claims to reach one in three UK adults every month with more than 200 brands which include the likes of Marie Claire, The …

Bleak economic data shows UK plc in trouble well before Middle East crisis | Economic growth (GDP)

Bleak economic data shows UK plc in trouble well before Middle East crisis | Economic growth (GDP)

Even before Donald Trump’s Operation Epic Fury on Iran unleashed higher oil prices, threatening the outlook for growth and inflation, the UK economy was flatlining. That’s the bleak message in the latest data from the Office for National Statistics (ONS), which showed zero GDP growth in January. On the less volatile three-monthly measure, growth was 0.2% – a slight improvement on 0.1% in the three months to December. But the data will not help Rachel Reeves’s argument that her policies have put the economy in a stronger position to withstand whatever is headed the UK’s way. The sectoral breakdown gives little cause for optimism either. The important services sector grew by 0.2% in the three months to January, helped by strong expansion in wholesale and retail; but within that, in a sign of the rapidly weakening labour market, “employment activities”, such as recruitment consultancy were down by 5.7%. The healthier-looking 1.2% growth in production – which included manufacturing – was flattered by the recovery of Jaguar Land Rover from its shutdown after a cyber-attack. And …

Future plc buys beauty and fashion brand Sheerluxe for £40m

Future plc buys beauty and fashion brand Sheerluxe for £40m

Magazine giant Future is attempting to grow its share of creator-led digital marketing spend by acquiring social-first publisher Sheerluxe. The £39.9m deal brings the total cost of Future Plc acquisitions to around £1.6bn over the last decade (roughly one third of the company’s current stock market valuation). UK-based Sheerluxe runs a fashion and beauty website, daily email newsletter (with 650,000 subscribers) and publishes video content directly to Instagram, Tiktok and Youtube. It also publishes a twice-weekly podcast. SheerLuxe makes money from e-commerce and by creating native marketing content for brands. Sheerluxe Ltd and Blush Talent MGMT Ltd have been bought by Future for £39.9m (with a further £40m dependent on performance). Sheerluxe generated £12.6m in revenue and £5.1m profit (EBITDA) in the year to September 2025. Future said of Sheerluxe: “Its Gen Z-skewed audience brings valuable new reach to the Future ecosystem, while strong credibility with established fashion and lifestyle consumers meaningfully complements Future’s global portfolio of specialist media brands attracting highly engaged, passionate audiences.” Launched in 2007 by Georgie Coleridge Cole, Sheerluxe now claims …

Kambi Group plc signs multi-year online sportsbook partnership with Pickwin in Mexico

Kambi Group plc signs multi-year online sportsbook partnership with Pickwin in Mexico

The sports betting solutions company Kambi Group has announced a multi-year partnership with Pickwin as it’ll expand its presence in Mexico. Kambi will provide solutions to the sports betting operator, with Pickwin replacing its third-party sportsbook provider with products from the Kambi Group. The company, which was founded in 2010, also works with other sports betting operators with partners like Bally’s, Leo Vegas, BetPlay, ATG, LiveScoreGroup, Rush Street Interactive, and more. They work with over 50 operators in more than 60 jurisdictions globally. Kambi is pleased to announce a long-term online sportsbook partnership with Pickwin, which officially went live with Kambi's market-leading Turnkey Sportsbook today (1 January). One of Mexico’s fastest-growing online sports betting operators, Pickwin selected Kambi to replace… pic.twitter.com/2xhlTqeCGT — Kambi (@KambiSports) January 1, 2026 This will include the Bet Builder, trading capabilities, and regulatory compliance expertise too. There will also be shared margin-driving insights provided from Kambi’s global partner network, with the aim being for this to allow for superior pricing and risk management through the bets processed by the company annually. …