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Trading statements

Euromoney revenues rise

21 July 2017 07:20

Euromoney Institutional Investor said trading since reporting its interim results on 18 May has continued in line with the board's expectations.

Reported revenues for the quarter to 30 June increased by 13% to £118.4m, reflecting both the benefit from a favourable sterling-US dollar rate and the acquisition of RISI in April.

Underlying revenues, at constant exchange rates and including pro-forma prior year comparatives for acquisitions and excluding disposals, increased by 2%, continuing the positive trend in event revenues highlighted in the interim results.

Story provided by StockMarketWire.com

Related Company: ERM

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