“The progress we have made in 2007 is very encouraging and has created a much firmer platform for future growth,” said Future chief executive Stevie Spring. “We did what we said we would do. We have re-focused the business on its core and driven out costs, re-investing the savings in those parts of our business – online, core titles, US expansion and partnership publishing – which offer opportunities for above market growth in both sales and margins.”
“We enter 2008 with a much healthier business, a stronger balance sheet and a re-invigorated team,” added Spring. “We know there is more to do, but we are embracing the challenge with conviction, courage and confidence that Future is back on track.”
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