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UBM Trading In Line So Far In 2015, Profit Expectations Unchanged

Tue, 10th Nov 2015 08:02

LONDON (Alliance News) - Publishing and events company UBM PLC on Tuesday said it has continued to trade in line with its expectations in 2015 and its profit outlook for the year is unchanged.

The FTSE 250-listed company said its largest events have continued to drive its performance, though it saw some weakness in its Sign China revenue and softness in some smaller shows. Furniture China revenue was in line and the show ran well, with positive exhibitor interest shown for the 2016 event.

PR Newswire and the group's other marketing service brands continue to trade in line, it said, while the Advanstar business is trading in line.

It added the talks on the potential sale of PR Newswire are ongoing.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.

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