This Just In
  • The Meetings Mean Business Coalition (MMBC) relaunched its Worth Meeting About campaign to highlight the value of face-to-face meetings.
  • The campaign will crowdsource stories & testimonials on social media to develop a set of case studies and to create an online conversation.
  • Cobo Center will host the North American International Auto Show through 2025, after the show signed a new 8-year deal with Cobo in July.
  • SMG, which manages Cobo, signed its first agreement with the auto show in 2012. The NAIAS annually draws more than 800,000 attendees.
  • Effective Aug 1, 2017, the San Diego Convention Center (SDCC) will transition to ESCA's Worker Identification System (WIS) Badge.
  • The change takes full effect in Jan 1, 2018. Show workers will be required to carry a WIS badge or the credential issued by the SDCC.
  • The Consumer Technology Association, organizers of the annual CES show, was named one of Washington’s Top Workplaces by the Washington Post.
  • The CTA has made the prestigious list for four consecutive years. The rankings are based on employee responses about workplace culture.
  • Comexposium has launched a joint venture with Indonesia’s Amara Group. The partnership includes running the GIIAS auto show in Jakarta.
  • The partnership plans to increase international attendance at GIIAS and launch a new expo for Indonesia’s bus-and-truck market.

UBM plc Announces Solid Financial Performance at Annual Meeting

Sandi Cain
, News Editor
May 17, 2017
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London— UBM plc, the largest B2B event organizer worldwide, announced financial results for the current fiscal year that reflect growth in some sectors and challenges in other areas.

UBM plc shares closed at £700 GBp ($541 US), down from a high of £757 GBp ($585 US) on March 30 but up from £516 GBp ($399) last May. In its announcement, the company said the performance was “in line with management expectations.”

Strong performance at events like the MD&M West, Enterprise Connect, Seatrade Cruise, Game Developers Conference and Hotelex & FineFood Shanghai offset mixed performance at spring fashion events, particularly in the U.S., the company said. In that sector, the company noted that growth in Sourcing and a positive launch of IFF Magic in Japan offset challenges in some U.S. fashion segments. The company also has announced that the Taiwan Jewelry & Gem show will be returning to Taipei this fall.

In light of the solid performance, UBM executives reaffirmed that its focus will remain on accelerating organic growth and driving further margin improvement across its 50 industry sectors going forward.

Reach UBM plc investor relations at (44) (207) 921-5023 or kate.postans@ubm.com

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