Euromoney pre-tax interims slump; underlying earnings solid
After stripping out exceptional items, adjusted pre-tax profit rose to £46.1m from £45.6m a year before. On an underlying basis, adjusted pretax profit grew 13%.
Revenue fell 2.2% to £184.9m. The company said it expected to deliver full-year profit in line with expectations.
The interim dividend was lifted to 10.8p a share from 10.2p a year earlier.