Sign in or Register
 
 
Exhibition News Race Day
Register today to receive each issue absolutely FREE!


Exhibition and Events Project Manager
Hemel Hempstead

Digital Marketing Assistant
Wimbledon

Area Sales Manager
East Midlands/North East

Event Sales Executive
North London



Should you open your doors to all and sundry or handpick the brands...

When it comes to insurance, it’s easy to be wise after the event....

With further investment in Asia and a thriving business in emerging...

Exhibition News July 2014
July 2014

UBM reports strong nine months
posted on: 18/10/2011 10:21:26
UFI UCF Madrid 21 23 Jan RESIZED

UBM’s revenue for the last nine months was up 9.8 per cent to £706.2m and contributed to underlying revenue growth of 8.5 per cent.

Adjusted operating profit for the company climbed by 16.4 per cent to £127.5m from £109.5m, with adjusted operating profit margins rising from 17 per cent to 18.1 per cent. UBM claimed the result was “driven by strong events margin”.

“Given the growing concerns over the global economic environment, we continue to be vigilant for signs of an economic slowdown but to date we have seen no material impact across UBM,” said UBM CEO David Levin.

Levin said events “now comprise a significantly larger part of our business” and that the company has substantially lower exposure to print. He also pointed out 22 per cent of UBM’s revenues are generated in the emerging markets. The business in China was highlighted as experiencing excellent growth and strong margins.

“We believe UBM is a stronger, more resilient business than in previous years,” Levin continued. “We remain on track to deliver results in line with the guidance we gave in July for the full-year 2011 on both a consolidated and divisional basis.”

UBM reported events revenue was up by £38.4m in its first-half and counteracted adrop in print revenue.

Expectations for full-year 2011 remain in line with the overall and divisional guidance provided at the Interim results, Levin added.

UBM recently announced new branding and features for the upcoming Interiors UK exhibition at The NEC in Birmingham in January 2012.

Any news? Contact: exhibitionnews@mashmedia.net


Print:
Email:
Share article:

COMMENTS
Would you like to Leave a Comment?

LATEST NEWS
Events services specialist Joe Manby Limited has secured two new business wins, including MIPIM UK, which is being held in London for the first time in October.

UBM Live wins Sticky Wicket 2014
posted on: 28/7/2014 10:32:01
UBM Live came out on top as this year's champions at the fund-raising cricket tournament Sticky Wicket, on 23 July.

Britain for Events launches new initiative
posted on: 25/7/2014 17:00:26
Britain for Events has launched a National Events Month initiative focusing on different sectors of the industry in each of the four focus weeks.

Fresh Montgomery appoints new digital supplier
posted on: 25/7/2014 13:00:10
Following evaluation of the digital solutions available to exhibition organisers, Fresh Montgomery has made the move to run their portfolio of events on the expocms platform.

In the Rough raises £7,000 for charities
posted on: 25/7/2014 10:21:14
In the Rough, the annual charity golf day, sponsored this year by The NEC and held at the Forest of Arden Championship course near Birmingham on 17 July 2014 has raised £7,000 for good causes.