In a trading update released yesterday, the international provider of analysis and insight, information, news and entertainment, which reports it half year results on 22 May, said the Group outlook for the rest of the year remains unchanged.
Risk Management Solutions (RMS) delivered underlying growth of 7%. Its core business continues to perform well, DMGT said, and the initial version of its new cloud-based catastrophe risk modelling platform, RMS(one), will launch in April.
Business information company dmg information reported strong underlying growth of 14%. Its education, energy and property businesses, including Hobsons, Genscape and Landmark Information Group, delivered double digit underlying growth.
Global events organiser dmg events reported underlying growth of 30%, or 12% excluding ADIPEC, the largest oil and gas conference in the Middle East, which successfully moved from a biennial to an annual event.
Meanwhile, Euromoney Institutional Investor confirmed that - despite challenging trading conditions, particularly in the banking sector - it expects to achieve underlying growth of 4% when it reports its half year results on 15 May.
Consumer media company dmg media confirmed that while underlying circulation revenues were down 2%, total underlying advertising revenues were up 5%. A 3% fall in newspaper advertising revenue was offset by 52% growth in digital advertising.
As part of DMGT's strategy of active portfolio management, the Board of Zoopla Property Group, in which DMGT owns a 52.6% share, continues to explore various strategic options for the online property search business.
