Business services provider UBM plc. (UBM.L) said, in its interim management statement, that total adjusted operating profit for first-quarter ended 31 March 2013 decreased 23.9% to 35.0 million pounds, from 46.0 million pounds in the prior year quarter. The company said that the performance for the quarter was in line with expectations.
Event revenues were down 9.7% to 109.4 million pounds, principally reflecting the biennial headwind plus the movement of events between quarters. On an underlying basis revenues declined 3.5%.
PR Newswire's first-quarter revenues rose 0.4% to 49.2 million pounds from the previous year's 49.0 million pounds, despite the lower number of business days in the first-quarter 2013 and changes in regulatory filing dates impacting the US and Canadian businesses.
Marketing Services - Online & Print revenues fell 12.8% to 36.1 million pounds from the prior year's 41.4 million pounds. Underlying revenue declined 5.3%.
Total revenue for the quarter down 7.9 to 194.7 million pounds from the prior year's 211.5 million pounds. Underlying revenue for the quarter declined 3.0%.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.