Join our community of smart investors

UBM shows resilience

UBM continued to integrate recent acquisition Advanstar and fine-tune its events portfolio
August 2, 2015

Recent economic volatility in China has fomented market anxiety regarding UBM (UBM). But the global events giant was largely unaffected, and relieved investors sent its shares up 5 per cent on results day. Robust attendance at its 118 annual events, together with restructuring efforts and its recent takeover of US peer Advanstar, drove adjusted, constant-currency operating profit up 5 per cent.

IC TIP: Buy at 536p