The group issued the warning for the 2007-2008 financial year today, ahead of its next trading update on 27 March.
In November, Emap announced a series of efficiency reviews to address its cost structure, which involve the consumer magazines and radio divisions assessing their processes, systems and structures.
The review aims to deliver £20m a year in savings over the next two financial years, with the bulk due in the 2008-2009 reporting period.
Even with some initial benefits from the reviews, the operating performance for consumer magazines and radio is likely to be below market expectations, the group said.
Emap had greater hope for its business-to-business division, despite a softer market for retail events. The company is moving seven of its B2B businesses into one building as an efficiency measure.
Tom Moloney, Emap chief executive, said migrating resources to digital platforms would drive further growth opportunities.
Last week, Emap bought mobile user-generated service provider YoSpace and is set to launch the first website for Heat magazine this month.
In November, Emap announced a series of efficiency reviews to address its cost structure, which involve the consumer magazines and radio divisions assessing their processes, systems and structures.
The review aims to deliver £20m a year in savings over the next two financial years, with the bulk due in the 2008-2009 reporting period.
Even with some initial benefits from the reviews, the operating performance for consumer magazines and radio is likely to be below market expectations, the group said.
Emap had greater hope for its business-to-business division, despite a softer market for retail events. The company is moving seven of its B2B businesses into one building as an efficiency measure.
Tom Moloney, Emap chief executive, said migrating resources to digital platforms would drive further growth opportunities.
Last week, Emap bought mobile user-generated service provider YoSpace and is set to launch the first website for Heat magazine this month.
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