- Compass Group 887.00 0.00
- Croda Intl. 2,529.00 0.00
- Eurasian 254.80 0.00
- Hsbc Hldgs.uk 726.00 0.00
- Next 4,580.00 0.00
- Woburn Energy 1.50 0.00
- Xtract 0.13 0.00
UBM shows improved profits for Q1
Wednesday, 25th April 2012
UBM shows improved profits for Q1 with adjusted operating profit up by 25.8% to £56.1m (Q1 2011: £44.6m)and adjusted operating profit margin up to 21.2% (Q1 2011: 18.8%). Q1 revenue was up 11.1% to £264.2m (Q1 2011: £237.7m); with underlying revenue growth of 6.9% There was strong performance from 2011 acquisitions, notably Ecobuild. David Levin, Chief Executive Officer, UBM said:"Overall we are on track for the full year. Based on trading conditions so far, we now expect that underlying growth for Events will be in the range of 10%-12%, but this will offset slower growth in PR volumes and advertising activity, particularly in print magazines. "We now expect growth in both PR Newswire and Marketing Services to come in at the lower end of our guidance ranges. Although conditions in a number of our markets remain challenging, and year-on-year comparisons will get tougher as the year progresses, the business is performing well, and we maintain our consolidated guidance for 2012."
At 9:07am: (LON:UBM) United Business Media share price was +4.25p at 579.75p
Story provided by StockMarketWire.com
Stock Market Update
Friday, 24th May 2013
END-OF-DAY REPORT: The headline index ended the day firmly lower, with activity light ahead of ...
Share News
Friday, 24th May 2013
HSBA HSBC HOLDINGS PLC ORD $0.50 (UK REG) value of shares traded £158,856,866 VOD VODAFONE GROUP PLC ORD ...
Friday, 24th May 2013
Sprue Aegis's independent directors have welcomed the lapsing of BRK's offer which received ...
Friday, 24th May 2013
Caza Oil & Gas's (LON:CAZA) shares soared after it agreed a $50m financing with Apollo ...
Friday, 24th May 2013
Updates from Amur Minerals, Arian Silver and Churchill Mining failed to impress the market and ...
SharePrice.com will do their best to ensure the quality of the information displayed on this site, but all information is provided as-is. We cannot be held responsible for any loss, material or otherwise, due to incorrect information found here. All share prices are provided by the London Stock Exchange, and are at least 15 minutes delayed.