Full Year Results 

Euromoney buoyed by pricing business

Euromoney buoyed by pricing business

Reported full-year revenue for Euromoney Institutional Investor (ERM) – buoyed by the impact of acquisitions – came in ahead of management expectations, but it was flat on an underlying basis, reflecting growth of around 4 per cent in the pricing, data and market intelligence (PDMI) business – which constituted almost half of the overall top line – tempered by a 4 per cent decline for the asset management division. PDMI benefited from strong subscription revenue growth of 10 per cent in Fastmarkets – Euromoney’s price reporting agency, which was recently selected as the London Metal Exchange’s partner to develop the lithium benchmark.

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