UK Media Group Expects Revenue Dip

03 October 2006

LONDON: UK media giant Emap expects an underlying 2% revenue dip in the first half of its financial year, after stripping out the effects of acquisitions and launches. The owner of the Magic and Kiss radio stations and Heat and Closer celebrity magazines predicts total H1 revenues will rise 6%.

The UK consumer magazine division is set to record a 1% decline, with the good performance from women's weeklies and increases in cover prices offset by weaker men's and automotive titles.

International magazine revenues are expected to be down 18% following difficulties at the US edition of FHM.

In radio, underlying revenues are expected to be up 5%, outperforming the market, while the company's digital music television stations are set to record an 11% increase.

Data sourced from; additional content by WARC staff