- Language: English
- 1091 Pages
- Published: October 2012
- Region: Global
Summary: United Business Media PLC Dec 08
- Published: December 2008
- Standard & Poors
The ratings on U.K.-based business media company United Business Media PLC (UBM) reflect its strong competitive positions in news distribution, events, and professional media, and good cash flow generation. The benefits of UBM's diverse portfolio of media assets mitigate the group's moderate exposure to trade advertising, which is experiencing some structural shifts, with declining print advertisement revenues. This is evidenced by the fact that in the first half of 2008, 85% of the group's profits were derived from tradeshows, exhibitions, news distribution, and business intelligence products and services. For the first half of 2008, UBM reported a strong operating performance, with revenues growing 10% to -446 million, resulting in an adjusted pro forma EBITDA margin of about 22%. Standard &...
Companies mentioned in this report are: United Business Media
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United Business Media