15th Mar 2006 07:00
Euromoney Institutional InvestorPLC15 March 2006 EUROMONEY INSTITUTIONAL INVESTOR PLC Pre Close Trading Statement March 15 2006 Euromoney Institutional Investor PLC, the international publishing, events andelectronic information group, today issued the following update. This is madebefore the Company enters its close period ahead of its interim resultsannouncement for the six months to March 31 2006. While the first half is less significant than the second for the Company'sannual results, trading in the first six months of the financial year hasfollowed a similar pattern to 2005. Demand for the Company's events, trainingand electronic information products has continued to increase, and the outlookfor advertising has gradually improved. As a result the Board expects theincrease in first half profits to be in line with market forecasts. The trading outlook for global financial markets remains positive, and theCompany is optimistic it can make further progress in the second half inimplementing its strategy of increasing profits through a mix of organic growth,strategic acquisitions and margin improvement. The Company expects to announce its results for the six months to March 31 2006on May 18 2006 and will provide a briefing for analysts, investors and press onthat day. The Company also intends to make an announcement on Wednesday March 22 2006setting out the impact of the adoption of International Financial ReportingStandards, including a preliminary restatement of its 2005 financialinformation. For further information please contact: Euromoney Institutional Investor PLC Colin Jones, Finance Director 020 7779 8556 [email protected] The Company Agency Alex Money 020 7670 7451 [email protected] ENDS This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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