Future Plc trims full-year outlook as Google-derived traffic drop hits margins
Future Plc said in a trading update that a larger-than-expected reduction in audience traffic originating from Google has weighed on its higher-margin revenue streams, prompting the company to reduce full-year guidance by 15% to 20%. The publisher expects first-half EBITDA margins to be materially lower than last year and lowered its fiscal 2026 ma…