Report

Update: Digital strategy rolling out

Euromoney’s (ERM's) pre-close update indicates that profits will be in line with our forecasts as revised for currency and acquisition in July. Q4 revenues are expected to have been flat year on year, but underlying growth was 6%, boosted by stronger growth in events and consistent 2% growth in subscriptions. The roll out of the Delphi content platform is continuing to plan, with all products due to be live on all components by the end of FY16. The potential for Delphi to facilitate revenue growth (with our newly published FY16 numbers showing this starting to come through) is being underestimated in the current market valuation of the stock.
Underlying
Euromoney Institutional Investor PLC

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.

Provider
Edison Investment Research
Edison Investment Research

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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