EMAP ‘on track’ for revenue expectations

EMAP says it ‘remains on track’ to meet expectations for this year despite reporting a 3% decline in continuing group revenue for the three months to June 30.

EMAP says it “remains on track” to meet expectations for this year despite reporting a 3% decline in continuing group revenue for the three months to June 30.

At its Annual General Meeting later today, the group will report a gloomy quarter for its consumer magazine division. It saw a 7% decline in underlying revenue over the period and a 13% decline in advertising. Circulations have also fallen by 4%.

It says its radio division is performing in line with the overall market. Revenue, excluding its Republic of Ireland stations, was down by 2% over the quarter with London reporting a 9% drop. It attributes the loss to the renegotiation of advertising deals at Magic 105.4.

The media group saw more positive growth in it business-to-business division, which reported a 10% growth in its information products and events business. It will also report a 34% increase in revenue across online and mobile.

Latest from Marketing Week

PLEASE SIGN IN OR REGISTER. IT'S FREE, QUICK AND EASY!

Access Marketing Week’s wealth of insight, analysis and inspiration that will help you develop as a marketer and leader.

Register and receive the best content from the only title 100% dedicated to serving marketers' needs.

We’ll ask you just a few questions about what you do and where you work, so we can make Marketing Week more relevant to you.

Register now

THE BEST CONTENT

Our award winning editorial team and columnists will ask the biggest questions about the biggest issues on everything from strategy through to execution to help you navigate the fast moving modern marketing landscape.

THE BIGGEST ISSUES

From the opportunities and challenges of emerging technology to the need for greater effectiveness, from the challenge of measurement to building a marketing team fit for the future, we will be your guide.

PERSONAL AND PROFESSIONAL DEVELOPMENT

Information, inspiration and advice from the marketing world and beyond that will help you develop as a marketer and as a leader.

Dedicated to developing your skills and helping you achieve marketing excellence. Find guidance on leadership, professional development and the latest industry jobs.

Having problems?

Contact us on +44 (0)20 7292 3711 or email subscriptions@marketingweek.com

If you are looking for our Jobs site, please click here