Future PLC (STU:FNWA)

€ 11.3 -0.2 (-1.74%) Market Cap: 1.24 Bil Enterprise Value: 1.60 Bil PE Ratio: 14.27 PB Ratio: 0.99 GF Score: 87/100

Future PLC Investor Webinar (Virtual) Transcript

Oct 08, 2021 / 01:00PM GMT

Release Date Price: €42 (+0.96%)

Transcript

Zillah Ellen Byng;Thorne

Future plc - CEO & Executive Director

Good afternoon, and thank you for joining us today. This is a third in a series of webinars we have on Future, following on from our update on consumer privacy and regulatory change around the PCW markets.

Today's session is aimed at helping providing a little bit more insight into the value of our high intent audiences across our platform, following on from some shareholder inquiries around what we think might happen regarding our audience comps as we anniversary the COVID spikes and the relationship that audience has with yield growth across our business.

One of the things that is critical about our strategy is that we operate in specialist markets with endemic audiences. We have highlighted before at our Privacy Seminar in March that not all audiences are equal, and the more qualified and targeted that audience is, the more valuable it also is. Although our long-term trends are clear, on a 5-year CAGR, as highlighted in the interim results, with average organic media revenue growth of 24% versus

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