UBM profits rise on strong growth

Media and marketing services company UBM said adjusted operating profit rose 11 per cent so far this year on strong growth in its events business, and reiterated its forecast for the full year. UBM, which organises exhibitions, trade shows and conferences, said adjusted operating profit for the nine months ended 30 September rose to £141.7m from £127.5m a year earlier. Revenue rose around four per cent to £734.6m