United Business Media (UBM) is performing ahead of last year and is expected to achieve 15% margin target in 2004.At the company’s Annual General Meeting, chairman, Geoff Unwin, said: “2004 has started well. All of our businesses are performing ahead of last year, consistent with the positive trends of the second half of 2003.”The US… Continue reading United Business Media In Line With Target Says Chairman

Emap Communications has announced the acquisition of ABI Building Data (ABI) from ICW Publications for £14 million.ABI, which was part of the Springer Science and Business Media group, generated £5 million revenue and £1 million profit in 2003 and is a leading provider of construction sales and marketing information services in the UK.This acquisition, together… Continue reading Emap Builds Construction Business With New Acquisition

Trinity Mirror advertising revenues are up by nearly 5% for the first four months of 2004, showing an improving trend in advertising conditions.In a statement issued ahead of today’s Annual General Meeting, chairman, Sir Victor Blank said: “Group advertising revenue for the first four months, on a like for like basis excluding the regional titles… Continue reading Trinity Mirror Ad Revenues Up 5% As Conditions Improve

Times Newspapers has reportedly revealed that losses are expected to reach in excess of £28.6 million this year, up from £16.3 million last year.The group, which publishes The Times and The Sunday Times, is understood to have filed accounts revealing it is still very much in the red, despite a small rise in turnover to… Continue reading Tabloid Pushes Losses At The Times To £28 Million

US-based international media group, Pearson, has announced that it is currently on target to hit full-year profit forecasts as advertising revenues for flagship newspaper, the Financial Times, recover.Advertising revenues for the newspaper are now level, after being down 4% at the start of March 2004 says Pearson, although these remain volatile from week to week,… Continue reading Financial Times Sees Advertising Revenue Recover

UK advertising giant WPP today announced an increase in revenues for quarter one 2004 of nearly 6%. The rise puts the company’s revenues at £960 million thanks to the third consecutive quarter increase for the Group, which includes a 12% rise to UK revenue.The trading update shows that all regions had a double-digit revenue growth… Continue reading WPP Upbeat As Revenues Continue To Rise

Revenues for Europe’s largest outdoor advertiser, JCDecaux, rose by 1.7% in Q1 2004 to €358.9 million and the group expects organic growth for 2004 to reach up to 5%.The largest organic growth of 3.4% to €96.4 million was experienced by the billboard division but street furniture still has the biggest market share of €197.5 million… Continue reading JCDecaux Revenues Up And Further Increases Expected This Year

French advertising giant Havas today announced that revenue for Q1 2004 has increased by 0.7% to reach €357 million, reversing the trend from Q4 2003, when it fell by 3.8%.Most regions with Havas operations experienced organic growth for the quarter, except for North America and the UK, which fell by 3.4% and 4.6% respectively. Although… Continue reading Havas Revenues Go Positive But UK And US Still Down

Global advertising giant Omnicom today announced that net income for the first quarter of 2004 has increased by 17% to $135.6 million, up from $115.5 million for the same period last year.This is the second strong quarter in a row for the holding company, which posted a 10% growth in the last quarter 2003, signalling… Continue reading Omnicom Reports An Encouraging 17% Rise In Profits

Guardian Media Group Radio (GMG Radio) today announced that national airtime revenue’s have grown by 86% in the last year and annual turnover is up by 61%.The trading update for year ending 31st March 2004 shows that turnover, excluding revenue from records and events, has increased to £21 million from £13 million in the previous… Continue reading Exceptional Revenue Growth Reported At GMG Radio