Mixed fortunes ahead, forecasts Emap

Emap has predicted a weak year for its consumer magazine and radio business, with underlying revenue expected to be down two per cent across the company.

But digital revenue is expected to be £127m, up 35 per cent on last year.

Looking ahead to 2007-08, the publisher said consumer magazine circulation is expected to be "mixed", while prospects for B2B events are "good". In terms of the advertising market, consumer magazines and radio are forecast as "weak", while B2B non-recruitment advertising is "strong".

The company has completed its restructuring review, intended to shape it for a digital future. It has been advertising for a large number of digital direc- tors while making sweeping changes across its Peterborough and Londonbased titles. It is thought that up to 400 jobs could go as part of the review.

Emap will announce its final results on 22 May 2007.

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