Emap reveals revenue wobble

Emap has predicted a mixed bag of results for the six-month period ending on 30 September, with a number of businesses seeing a downturn in revenue.

The publishing giant officially announces its interim results on November 16 but in an overview it revealed total group revenue was up slightly by 2%, but with losses in its French division.

Emap Consumer Media, which includes FHM and Heat, was up 6% and Emap Communications, the publisher’s B2B section, also celebrated an increase of 10%.

But in France revenues were down 4%, which the company put down to falling newsstand revenues of its Tele Star and Tele Poche magazines.

And Emap Performance, which incorporates the group’s music magazines, radio stations and television channels, such as Q and Smash Hits, also suffered a drop of 3%.

Meanwhile Emap’s radio competitor Scottish Radio Holdings also released a trading update prior to the end of the financial year.

Group revenues are predicted to be 15% ahead of last year, with gains in both its radio and press divisions.

By Julia Martin


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