Euromoney grows despite advertising woes

Euromoney Institutional Investor, the publisher and exhibitions organiser, kept the top line growing in the first half of its financial year despite the depressed state of the advertising market.

Euromoney Institutional Investor, the publisher and exhibitions organiser, kept the top line growing in the first half of its financial year despite the depressed state of the advertising market.

Once the numbers are totted up, group revenues for the six months to March 31st, 2012 are expected to show an increase of 13% to £189m. Underlying revenues, excluding the impact of last year's acquisition of Ned Davis Research (NDR), increased by around 5%.

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