Posts Tagged "City news"

Daily Mail and General Trust shares fell 11 per cent to a four-month low, after it became the latest newspaper publisher to be hit by falling UK advertising

Havas Group reported a 28% gain in net profits for the first half of the year to 77 million euro or about $86.5 million at today’s exchange rate, on a 19% revenue gain to 1.034 billion euro

Huntsworth has announced a impairment of £48.8m ($75.3m) on Grayling and Citigate this morning, following another challenging trading period with pre-tax profits falling almost one third from £7.7m to £5.3m in the first half of 2015

UK-based organiser Tarsus Group has announced first-half revenues of £34m, up from £23.1m, with a record adjusted pre-tax profit of £5.5m, as the business focuses on expanding into emerging markets

The world’s largest advertising holding company, has reported pre-tax profit of £709.7 million in the first half of 2014, up 44.5 per cent year-on-year. Revenue was reported at £5.84 billion, up 6.4 per cent in constant currency, in the six months to 30 June 2015. In its 2015 interim statement, WPP said: “To survive in […]

UBM announced it remains confident in its 2015 outlook, despite reporting the cancellation of 37 events and a first-half pre-tax profit fall of 37.2 per cent.

News Corp has made a hefty writedown on the value of its digital education unit and signalled a potential exit from a business Rupert Murdoch once hoped would shake up the textbook-heavy US education industry

Early gains from an ambitious growth programme sent shares up 6 per cent in Informa (INF). The business information, publishing and events giant plans to invest up to £90m to streamline, stengthen and refocus its divisions. £12m has been spent or committed to date, helping deliver a 14 per cent rise in first-half adjusted operating profit to £190m.

The Google-owned website does not disclose revenue figures but the data provide an indication of how it is benefiting from an explosion in demand for digital video advertising as millennials — advertisers’ term for those aged 18 to 34 — spend more time on the site

Shares in British regional newspaper group Johnston Press fell 20 per cent on Tuesday after disappointing advertising revenues triggered a profit warning.The group, which owns more than 200 newspapers including The Scotsman, said there had been a “slowdown in general trading” in the three months to June and “specific weakness” around May’s general election. For […]

Media organisation Top Right Group – owned by The Guardian and private equity group Apax – has enforced cost-cutting measures.

The Top Right Group, parent company of i2i Events Group and Lions Festivals, has released its financial results for 2014, reporting revenue in excess of £300m (US$456m) for the first time

Telegraph Media Group, the publisher of The Daily Telegraph, The Sunday Telegraph and Telegraph.co.uk, has reported an operating profit before exceptional items of £54.9m for 2014

Mail Online’s revenues increased by 20% to £36m in the six months to the end of March, a sharp slowdown compared with last year and not enough to offset the advertising and sales decline at the Daily Mail and Mail on Sunday. Its owner, Daily Mail & General Trust, said total revenue across its Mail businesses fell by 4% to £296m compared with the same period last year

Havas reported organic growth of 7.1% and a revenue increase of 20.6% to $525 million for the first quarter of 2015. The strongest regions were North America, with revenue up 10.2% to $199 million, and Asia Pacific and Africa, where revenue grew by 10.1% to $40 million. Within that region, revenue in China wasup 17%. […]

UBM performed well in Q1, in line with the Board’s expectations. Growth in Events was as anticipated, with the largest events continuing to drive performance.

According to the FT WPP has reported 8.3 per cent revenue growth and profits “well above target” in the first quarter of the year – an indication that the world’s largest advertising group by sales is outpacing its rivals Publicis and Omnicom.

Revenue in the digital business, which includes Cars.com and CareerBuilder.com, jumped 85.1 percent to $332.7 million in the first quarter ended March 29, from a year earlier. Revenue from the publishing business fell 13.9 percent to $50.5 million.

Informa PLC (“Informa” or the “Group”), has today issued a trading update on the Group’s operating and financial performance for the three months ended 31 March 2015

Publicis Groupe’s UK revenue declined by 4.2 per cent in the first three months of 2015, despite overall revenues climbing 32 per cent following the Sapient acquisition. The owner of Saatchi & Saatchi and Starcom MediaVest Group reported revenues of €2.10 billion, up 31.7 per cent year on year. Read more at Campaign