UBM Interim Management Statement

David Levin (pictured), Chief Executive Officer, UBM plc said: “UBM had the tough first quarter we anticipated, with Events revenues reflecting declines in our UK Built Environment shows. Our portfolio of events in the US and Emerging Markets performed well. Forward bookings are tracking in line with our expectations and we continue to expect strong growth through the balance of the year, particularly in our Emerging Markets events which are weighted to the second half. PR Newswire has made a good start to the year. In Marketing Services, we have begun to restructure the UBM Tech business to create a more sustainable and profitable model supporting our strong technology events franchise. Our full year guidance remains unchanged.”

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