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


Business Development Manager
London

Head of Sales and Events
Harrogate International Centre

Event Manager
Nottingham

Sales Executive
London



Lewis Field, head of design at exhibition stand builder Nimlok...

The Old Granada Studios in Manchester have been revamped into an...

CarFest has transformed from an off-the-cuff radio show idea to two...

Exhibition News August 2014
August 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
Pickevent hosted a busy night of networking at the Google Campus in east London last night (28 August).

Venue Expo hosts exhibitor masterclass
posted on: 29/8/2014 11:23:24
Exhibitors were given a masterclass on how to maximise their ROI ahead of the first edition of The Venue Expo.

Telegraph Events planning further expansion
posted on: 28/8/2014 11:11:40
The newly branded Telegraph Events is planning to announce two more exhibitions running in 2015-6 by the turn of the year, Exhibition News can reveal.

More than 15,000 people visited the inaugural BBC Good Food Festival at Hampton Court Palace over the Bank Holiday Weekend, according to organiser River Street Events.

Carfest raises £1.5m for charity
posted on: 27/8/2014 11:45:11
Brand Events’ two CarFest events held in August are set to raise £1.5m for BBC’s Children in Need.