Emap, which put its French magazine business up for sale in February, is expecting underlying revenue in France to be down 3% for the full year, with total revenue predicted to be up 1% including the successful launch of Closer.
The group, which invested £25m in new launches, is predicting to be up 3% on an underlying basis in the UK and up 7% including the launch of Grazia.
Consumer magazine advertising revenue is expected to show a 5% increase on an underlying basis with strong growth from Zoo, Closer, Heat and music titles, it said in its update for figures ending March 31.
This has been partially offset by weakness across the automotive and young women's titles. Including Grazia, advertising revenue growth is expected to be 8%.
The business-to-business division is delivering strong growth and total revenue from events is expected to be up 27%.
As a result of an uplift in performance since the radio acquisitions, including Scottish Radio Holdings and WGSN, Emap expects revenue to be up 1% year on year, with its music television stations revenues also posting a 1% rise.
The board anticipates a strong performance from its weeklies, while revenue growth will be held back by weaker trends in certain other parts of its portfolio.
In the coming financial year, Emap expects underlying revenue will be at a similar level to this year, however, total group revenue will benefit from the acquisitions and launches made in 2005 and 2006.
If you have an opinion on this or any other issue raised on Brand Republic, join the debate in the .
_1.jpg)
.jpg)
