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Euromoney Institutional Investor PLC (ERM.L)

ERM.L on London Stock Exchange

1,244.00GBp
11 Dec 2019
Change (% chg)

-30.00 (-2.35%)
Prev Close
1,274.00
Open
1,304.00
Day's High
1,308.00
Day's Low
1,226.00
Volume
395,471
Avg. Vol
109,962
52-wk High
1,510.00
52-wk Low
1,118.00

Latest Key Developments (Source: Significant Developments)

Euromoney Institutional Investor Announces Acquisition Of Wealth-X
Monday, 25 Nov 2019 

Nov 25 (Reuters) - Euromoney Institutional Investor PLC ::EUROMONEY INS.INVPLC - ACQUISITION OF WEALTH-X.EUROMONEY INSTITUTIONAL INVESTOR - WEALTH-X IS EXPECTED TO DELIVER A REVENUE CAGR OF 13% FOR 3 YEARS TO 31 DECEMBER.EUROMONEY INSTITUTIONAL INVESTOR PLC - WILL PAY $20.4 MILLION IN CASH FOR WEALTH-X.EUROMONEY - DEAL EXPECTED TO ENHANCE GROUP REVENUE GROWTH AND BE EARNINGS ACCRETIVE FOR EUROMONEY IN ITS CURRENT FINANCIAL YEAR.EUROMONEY - DEAL EXPECTED TO DELIVER ROI ABOVE ITS WACC IN FIRST FULL FINANCIAL YEAR.  Full Article

Euromoney FY Revenue Rose 3% To 401.7 Mln STG
Thursday, 21 Nov 2019 

Nov 21 (Reuters) - Euromoney Institutional Investor PLC ::FY REVENUE ROSE 3 PERCENT TO 401.7 MILLION STG.FY STATUTORY REVENUE 256.1 MILLION STG VERSUS 244.8 MILLION STG.FY STATUTORY PROFIT BEFORE TAX 29.5 MILLION STG VERSUS 106.8 MILLION STG.FY ADJUSTED PROFIT BEFORE TAX 104.6 MILLION STG VERSUS 99.9 MILLION STG.FY ADJUSTED TOTAL REVENUE 401.7 MILLION STG VERSUS 390.3 MILLION STG.STRATEGIC REVIEW OF ASSET MANAGEMENT SEGMENT CONTINUES.EXPECT WEAKNESS IN OUR ASSET MANAGEMENT SEGMENT INTO 2020 BUT CONTINUED GOOD GROWTH IN THE PRICING SEGMENT.DECREASE IN FY STATUTORY PROFIT BEFORE TAX WAS MAINLY DUE TO GAIN ON DISPOSAL OF DEALOGIC IN PRIOR YEAR.  Full Article

Euromoney Sees 2019 Results Slightly Above Board View
Tuesday, 5 Nov 2019 

Nov 5 (Reuters) - Euromoney Institutional Investor PLC ::STRATEGIC REVIEW AND YEAR END TRADING UPDATE.FULL YEAR 2019 RESULTS ARE SLIGHTLY ABOVE BOARD'S EXPECTATIONS.ADJUSTED REVENUE FOR YEAR ENDED 30 SEPTEMBER 2019 IS EXPECTED TO BE APPROXIMATELY £401M.FY ADJUSTED PROFIT BEFORE TAX IS EXPECTED TO BE APPROXIMATELY £104M.EXPECTED TO PROPOSE A FINAL DIVIDEND IN LINE WITH LAST YEAR'S FINAL DIVIDEND OF 22.3P.CONFIRMS THAT STRATEGIC REVIEW IS PROGRESSING WELL.  Full Article

Euromoney Says Reviewing Asset Management Businesses
Tuesday, 10 Sep 2019 

Sept 10 (Reuters) - Euromoney Institutional Investor PLC ::STRATEGIC REVIEW OF ASSET MANAGEMENT BUSINESSES.EUROMONEY IS CARRYING OUT A REVIEW OF ITS ASSET MANAGEMENT BUSINESSES.ANNOUNCES REVIEW OF ASSET MANAGEMENT BUSINESSES, WHICH CONSIST OF BCA RESEARCH, NED DAVIS RESEARCH AND INSTITUTIONAL INVESTOR.  Full Article

Euromoney Says UK's Exit From EU May Lead To Foreign Exchange Volatility, Business Uncertainty
Thursday, 16 May 2019 

May 16 (Reuters) - Euromoney Institutional Investor PLC ::HY PRETAX PROFIT 49.3 MILLION STG VERSUS 121.1 MILLION STG REPORTED YEAR EARLIER.HY REVENUE 184.9 MILLION STG VERSUS 189.1 MILLION STG REPORTED YEAR EARLIER.INTERIM DIVIDEND 10.8 PENCE VERSUS 10.2 PENCE REPORTED YEAR EARLIER.UK'S EXIT FROM EU MAY LEAD TO FOREIGN EXCHANGE VOLATILITY AND GENERAL BUSINESS UNCERTAINTY.CONTINUE TO EXPECT TO DELIVER PROFIT IN LINE WITH BOARD'S EXPECTATIONS.  Full Article

Euromoney Comments On DMGT Shareholder Meeting
Tuesday, 26 Mar 2019 

March 26 (Reuters) - Daily Mail and General Trust P L C ::EUROMONEY- DMGT MEETING RESULT WILL FACILITATE PROPOSED DISTRIBUTION OF ALL OF DMGT'S SHARES IN EUROMONEY.EUROMONEY - DISTRIBUTION IS EXPECTED TO TAKE PLACE ON 2 APRIL 2019, ON WHICH DATE EXISTING RELATIONSHIP DEED BETWEEN DMGT AND COMPANY WILL TERMINATE.EUROMONEY INSTITUTIONAL INVESTOR PLC - HAS APPROVED CHANGES TO COMPOSITION OF CERTAIN OF ITS COMMITTEES, EACH WITH EFFECT FROM 2 APRIL 2019.  Full Article

Daily Mail And General Trust Says Shareholder Returns Resolution Passed At Meeting
Tuesday, 26 Mar 2019 

March 26 (Reuters) - Daily Mail and General Trust P L C ::DAILY MAIL AND GENERAL TRUST- 95.02 PERCENT OF VOTES CAST AT CLASS MEETING IN FAVOUR OF DISTRIBUTIONS OF SHARES IN EUROMONEY AND £200M TO DMGT'S INVESTORS.  Full Article

Euromoney Institutional Investor Says Interim Dividend Up 16 Percent
Thursday, 17 May 2018 

May 17 (Reuters) - Euromoney Institutional Investor PLC ::INTERIM DIVIDEND UP 16 PERCENT TO 10.2 PENCEPER SHARE.H1 PRETAX PROFIT 121.1 MILLION STG.HY TOTAL REVENUE 209.6 MILLION STG VERSUS 203.2 MILLION STG YEAR AGO.HY ADJUSTED PBT 52.0 MILLION STG VERSUS 49.1 MILLION STG YEAR AGO.INTERIM DIVIDEND 10.2 PENCE VERSUS 8.8 PENCE YEAR AGO.SAYS NET DEBT AT 31 MARCH WAS £37.0 MILLION.OUTLOOK FOR ASSET MANAGEMENT BUSINESSES REMAINS TOUGH, PARTICULARLY FOR BCA; TAKING STRATEGIC ACTIONS TO TACKLE CHALLENGES.  Full Article

Euromoney Says ‍Total Revenues For Quarter To December 31 Increased By 6%
Thursday, 1 Feb 2018 

Feb 1 (Reuters) - Euromoney Institutional Investor Plc ::‍TOTAL REVENUES FOR QUARTER TO DECEMBER 31 INCREASED BY 6% TO £100.8M​.‍NET DEBT AT DECEMBER 31, 2017 WAS £49.0M​.‍UNDERLYING REVENUES INCREASED BY 3% FOR QUARTER TO DECEMBER 31​.  Full Article

Euromoney Sells Institutional Investor Journals Business To Pageant Media
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - Euromoney Institutional Investor Plc ::EUROMONEY SELLS INSTITUTIONAL INVESTOR JOURNALS.EUROMONEY INSTITUTIONAL INVESTOR PLC - HAS SOLD ITS INSTITUTIONAL INVESTOR JOURNALS (II JOURNALS) BUSINESS TO PAGEANT MEDIA.  Full Article

Euromoney to buy Wealth-X to scale up business news portfolio

LONDON Euromoney agreed on Monday to buy specialist news and data firm Wealth-X for $20.4 million in cash to expand its portfolio of business-to-business information providers.