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Ascential struggles with digital commerce arm

The group announced a major shake-up in January, but it is still very early days
March 30, 2023
  • Strong events bounce-back
  • Big impairment charge

Events and retail analytics group Ascential (ASCL) has been bolstered by the return of set-piece conferences such as fintech event Money 20/20 and the Lions International Festival of Creativity. Revenue jumped by 50 per cent in 2022 – fuelled by organic growth of 30 per cent – and adjusted Ebitda increased by 36 per cent to £121mn. 

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