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United Business Media Limited Interim Results for the Six Months Ended 30 June 2008 - Strong First Half Performance.

Publication: PR Newswire
Publication Date: 29-JUL-08 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
H1 Revenues, Profits and EPS Ahead of Expectations; Interim Dividend Raised 15.7%

LONDON, July 29 /PRNewswire-FirstCall/ -- To view the Multimedia News Release, please click: http://www.prnewswire.com/mnr/ubm/34213/

H1 2008 headline results Revenue Up 10.4% to GBP445.6m (GBP403.5m) Adjusted group operating profit* Up 11.4% to GBP90.2m (GBP81.0m) Earnings Per Share (adjusted)** Up 15.0% to 30.1p (26.2p) Dividend Per Share Up 15.7% to 5.6p (4.84p) - Profits at UBM's four technology businesses up 29% to GBP21.1m, margins exceed 20% - CMPMedica turnaround ahead of plan; profits up 44% to GBP17.3m - CMP Asia delivers strong profit growth of 30% to GBP9.5m - Four market-focused businesses created from CMP Information - PR Newswire increases investment in customer service systems & emerging economies - Commonwealth integrated OAG successfully; RISI performing strongly - Events, business information & news distribution generate 85% of H1 profits - UBM margin maintained at over...

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