It is understood that although no details have been crystallised, following the review of its cost base there will almost certainly be job losses. A spokesman for Future declined to comment on the details of the cost-saving programme.
From 1 October 2012 to 30 June 2013, Future reported group revenues of £76.2 million, an increase of 1 per cent year on year. Digital revenues climbed 24 per cent during the same period.
In its results, Future said in the three months to June, trading was below expectations and attributed this to "continuing weakness" in the games market, but said the pipeline for the final quarter was strong.
The publisher's senior management and board are "not satisfied with the pace of improvement", Future said, and has agreed to accelerate its cost-saving programme to generate a £2-2.5 million margin improvement.
The cost-saving programme is designed to align the business's structure with its changing nature, as it moves away from print. This follows Future's announcement last week that it was planning to scrap the job title "publisher".
Mark Wood, the chief executive of Future, said: "We are disappointed to miss our target for the full year and as a result, we are bringing forward plans to reduce legacy print costs and improve operating margins in the period ahead.
"We see encouraging trends across the business for the final quarter and the year ahead, including in the games sector in the run-up to major new console launches later this year, and anticipate delivering significant revenue and profit growth in the coming year."
In an interview with Media Week in May, Wood said he expected a rise in profits in the reporting period to 30 September.Follow @MaisieMcCabe