The company behind an array of specialist magazine titles, including T3, Simply Knitting and Total Film, announced pre-tax profits of £9.5m, up from £9.2m this time last year. Group revenue rose 2%, to £162.9m.
However, UK revenue, which accounts for 71% of the group's total, was flat. Future's US operations, which account for 29% of income, reported strong growth.
The group said circulation revenue was up 2% and and ad revenue had lifted 3%, to £50.7m year on year.
Referring to the company's major restructure two years ago, Future's chief executive Stevie Spring said: "The key to our success is that we took our medicine then.
"Future bucked the trend in 2008. We made real progress. Our special-interest focus, healthy balance sheet, lean operating structure and strong cash generation are all ingredients that have helped us to weather the storm to date."
The group said online advertising was up 35%, to £9.3m, which makes up 18% of total ad revenue. It also claimed its websites attract more than 18 million unique users each month, which it says is more than double last year's figure.
Future is launching a monthly knitting title in January, called The Knitter, but Spring did not rule out changes at Future's portfolio of titles next year, adding that "the only certainty is that everything has its price".
_1.jpg)
.jpg)
