LONDON (Alliance News) - Business-to-business media company Ascentical PLC on Monday said it is trading in line with expectations for 2016.
The company, which will join the FTSE 250 index on Monday morning following its February float in London, briefly said trading for the first half to the end of June is in line with its expectations.
Ascential, which owns the Draper's fashion trade magazine and the Cannes Lions advertising festival, is hosting an investor event at the Cannes Lions festival on Monday.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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Ascential (ASCL)