International consumer magazine company, The Future Network, today announced that revenue for the first quarter was up 7%, reflecting the positive impact of the group’s growing entertainment section which acquired leading US guitar magazines last autumn.
In the UK, newsstand sales were down slightly for the quarter and in the US, after a strong 2003, trading was quieter than expected.
The Group’s results for the half-year to 30 June 2004 are expected to be announced on Tuesday 14 September 2004.