Euromoney Institutional Investors increases its 2015 final dividend by 3%

DividendMax Ltd.

Euromoney Institutional Investors increases its 2015 final dividend by 3%

Total revenues down 1% to £403.4m

Second half underlying1 revenues fell by 5%, due to weak commodity markets, after a 1% first half increase

Adjusted operating margin down 4% points to 26% reflecting higher property and investment costs, impact of Dealogic transaction and the high marginal flow through from lower delegate and advertising revenues

Adjusted profit before tax down 7% at £107.8m

Strong operating cash conversion further strengthens balance sheet - net cash of £17.7m

Three investments in financial technology companies completed

Roll-out of Delphi content platform as planned, and good pipeline of new products in asset management

Final dividend increased to 16.4p in line with policy

First quarter trading has started in line with board's expectations and 2015 second half trends

New board structure to be implemented

Companies mentioned