United Business Media (UBM) says that trading conditions in the US have improved during its second half and there has been a greater than expected recovery in Asia, which was hit by the SARS virus during the first half of the year.
UBM says that its UK publishing and events businesses both continue to perform strongly. At the company’s US hi-tech publishing division, CMP Media, advertising page volumes are continuing to improve, although there was still a 0.7% decline in November, in a market down by 5.0%.
Overall second half revenues at UBM are expected to be ahead of last year when the company releases its preliminary results on 27 February 2004.
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