London, 28th July: Today, UBM plc released its interim results for the first half of 2017. Revenues from continuing operations were up 18% to £448.4 million (US$591 million). Adjusted operating profits grew by 20% to £111.7 million (US$147 million).
Revenues generated from the events business increased by 2.7% reaching £380.4 million (US$501 million). Of that figure, £350.8 million (US$462 million) were from annual events, up 2.7% year-on-year; while £29.6 million (US$39 million) were from biennial events. According to UBM, its newly acquired Allworld business performed ahead of expectations and the integration process was on track in the first half of the year.