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Full-year total revenues for 2006-2007 would be up 3%, driven by a 35% growth in digital revenues, the media owner said in a trading update today. However, underlying revenues, once acquisitions, launches, closures and disposals were taken into account, would be down by 2%.

Emap expects its consumer magazines business to be hardest hit, down 2% year on year in the UK and 6% internationally.

Revenues from radio are set to fall 1% year on year, while the business-to-business magazine division would be flat, with the tough recruitment ad market set to continue next year.

Emap indicated the products and events division was performing more robustly.

The company said it was considering its options regarding its three radio stations in the Republic of Ireland - Today FM, Dublin's FM 104 and Highland in Donegal - and would update the market when it announced its end-of-year results on 22 May.

Emap was reticent about its current restructure, which is expected to result in up to 400 job losses, saying only that it was allocating resources to faster-growing platforms.

The media group also announced today that it would launch "e-commerce" on its websites for fashion weekly Grazia and specialist magazines and increase its use of subscription content.