Future Plc (FRNWF) is a British media company headquartered in Bath, England. The company publicizes 50 magazines but also has a digital publishing business, which has more than offset the poor performance seen in physical magazine sales.
I believe Future Plc has a strong market position, with a prominent history of delivering shareholder returns. However, following this large run-up, I believe the company is fairly priced at current levels.
Source: futureplc.com
Pre-close trading update
The company provided a short but sweet pre-close trading update that saw shares rise 16% in Monday morning trading. The trading