Update: Core markets remain difficult
Euromoney has delivered a resilient full-year performance, given that the cards continue to be heavily stacked against its core customers. Post a difficult Q4, FY15 revenues were down just 1% (-4% underlying) despite falling energy prices, volatile commodity markets and with investment banking continuing to be a global whipping boy. The new executive chairman takes the helm on 1 October following Richard Ensor’s retirement. He inherits a strong portfolio of brands, with a clear digital opportunity for developing them, backed by a cash-generative model. Year-end net cash of over £20m also helps to underpin the share price.Euromoney Institutional Investors is an international business information group. Co.'s segments are: Asset management, which provides independent research; runs networks and conferences; and provides news and data that are critical for the industry; Pricing, data & market Intelligence, which provides prices, data, analysis and events that are critical for business processes and workflow across a number of industries, such as metals and mining industries, telecoms, insurance, airline and banking; Banking & finance, which provides market intelligence, news, training and conferences; and Commodity events, which consists of conferences in the metals, agriculture and energy sectors.
Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.
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