Time Out Group plc announced revenue results for the second half to 31 December 2016 and provided earnings guidance for the full year to 31 December 2016. The board to announce that trading has been positive in the second half of the financial year, with Group revenue accelerating on the levels shown in the first half. The second half of the year has seen faster Group proforma revenue growth at 29% versus 16% in the first half.

As a result, revenue for the full year is anticipated to be ahead of the Board's expectations. Group losses for the period are in line with the Board's expectations with closing net cash expected to be better than previously anticipated. Time Out Group revenue, including a full year of Time Out Market on a proforma basis, is expected to show growth for the year of 23% (17% at constant currency).