Company
Ascential PLC
LON:ASCL
Ascential is an international business-to-business media company. We inform and connect business professionals in more than 150 countries through market-leading Exhibitions, Festivals and Information Services. Ascential powers the prestigious Cannes Lions festival for the branded communications industry, the world’s premier market leading payments and financial services innovation congress Money 20/20, and the global fashion trend forecasting service WGSN. 82% of Ascential’s revenues are generated by products that are number one in their respective markets. We exist to provide our customers with world class content and connections empowering their businesses to be the best informed and best connected. Our products enable focus, growth and value.
44 stories
Archive
FTSE 100 Live: Markets close flat to finish dismal trading week
The UK's major index closed flat at 7,694 points
Ascential buys Singapore’s Intrepid for up to US$250mln
"Intrepid's strong presence in South East Asia, alongside its proven expertise operating across the major marketplaces in this important region, further enhances the capabilities and global reach of our Digital Commerce business,” said Dunc
Ascential looking at break-up but no decision yet
"Discussions are exploratory at this stage," said the events group
Ascential confirm purchase of e-commerce specialists
It also announced a bounce back for its Money 20/20 event
Ascential raises funds to build up its war-chest
The share issue was announced after the close of business yesterday along with the group's interim, which were ahead of expectations
Ascential snaps up ecommerce advertising specialist Perpetua Labs
Perpetua provides a self-service SaaS platform that helps independent sellers optimise the purchase of search and display advertising on Amazon and other major online marketplaces
Ascential losses widen as events and advisory business hit by Coronavirus restrictions
2021 has started well with strong growth in revenue and profits in the first two months of the year
Ascential sells DeHavilland to seal exit from BEP business
Ascential says the transaction achieves a strategic priority, to bring clear focus to core customer propositions.
Ascential acquires adjacent ecommerce agencies in China and Brazil
China's X Target helps brands improve online retail sales execution across local eCommerce platforms including Alibaba and JD
Ascential cancels Money20/20 US and Europe 2020 events due to coronavirus spikes
The events will be replaced this year with a digital content programme and a networking platform for delegates and sponsors
Ascential slides to loss as digital surge can't offset coronavirus cancellations for events arm
Half-year events revenues plummeted by £96.8mln due to cancellations or deferrals
Ascential upped to ‘buy’ by Liberum following bullish 2019 results
The broker said Ascential’s sales division was “a future key catalyst for medium to long-term growth” as it was “well-positioned to benefit from increasing competition in online marketplaces"
Ascential upbeat as sales power ahead
Underlying revenues at the marketing intelligence group rose by 19%
Ascential reports first-half profits surge as it buys stake in Avast’s marketing analytics business
Ascential is paying almost £50mln for a 35% stake in Jumpshot – the marketing analytics arm of Avast
Archive
ITV investors hope for Love Island boost amid tough ad market
The week ahead includes updates from ITV, Unilever, Rightmove, Diageo, Marston's, IG Group, National Express, GSK and AstraZeneca
Ascential trading in line with full-year expectations
Ahead of half-year results, Ascential provided restated summary results for 2018 following the adoption of the IFRS 16 accounting standard.
WPP due some relief as large advertisers step up marketing efforts, says Goldman Sachs
The US bank's analysts ramped up their share price target to 1,150p from 870p for the advertising group as organic growth is expected to improve in the second half of the year
ITE rises as event acquisitions boost revenues in first half
The conference organiser said in a trading update for the six months ended 31 March that revenues were up 42% year-on-year at £107mln, a 6% increase on a like-for-like basis and in line with expectations
Ascential ups final dividend as profits jump over 40% in 2018
The business information and exhibitions specialist reported pre-tax profits for the year ended 31 December 2018 of £28.9mln, up 42% on the prior year, while revenues surged 9.6% on a proforma basis to £348.5mln
Archive
Hotchpotch of blue-chip results set to flow in coming week from likes of Rolls-Royce, ITV, WPP
The Week Ahead will also bring a trading update from AB Foods, plus final results from Standard Chartered, IAG, Persimmon, Rightmove, as well as the latest US GDP data
Ascential upgraded to ‘Buy’ by Berenberg after “positive deals” boost growth forecasts
Analysts said they were now forecasting 18% earnings per share compound annual growth rate for 2018-20 following “the integration of higher-growth acquisitions but also an uplift to forecasts on certain existing brands”
Ascential splashes US$60mln in cash to acquire US Amazon consumer managed services provider, Flywheel Digital
The FTSE 250-listed specialist information company said it was paying the consideration out of existing cash reserves using capital released from the sale of its exhibitions business
Russian sanctions: Which companies are feeling the pinch?
With the latest round of sanctions from the US against Russia due to come into force on August 22, the market seems to have had little reaction, but what could the future hold?
Ascential downgraded to 'hold' by Citi
Citi's sum-of-the-parts valuation is about 45p above the current share price but nevertheless, the US finance house has seemed the share price is now up with events
Ascential reports dip in first-half earnings amid restructuring to focus on digital
Ascential said it is trading in line with its expectations for the year and remains "confident in our overall 2018 performance"
Archive
Apres moi le deluge: Flood of blue chip results to dominate in coming week, including BT Group
Over the five sessions in the Week Ahead, around 20% of the FTSE 100 index will report results or issue a trading update, with about half that number due on Thursday alone
Pearson out in the cold as Deutsche Bank takes a shine to information providers
The information publishing sector is in rude health, according to Deutsche Bank
Ascential acquires digital marketing business WARC ahead of revamped Cannes Lions Festival
The FTSE 250-media agency said it had acquired WARC for an initial cash consideration of £19.5mln plus deferred consideration of £4.5mln to be paid in 2019
Berenberg downgrades Ascential to ‘hold’ from 'buy' and warns of future risks
Berenberg's analysts said: “Given specific brand dynamics and a possible sale of part of the company’s exhibition business leaving an almost 18% gap in group EBITDA, we believe Ascential may look to buy itself the growth that investors have
FTSE 100 closes higher but below 7,300, as Wall Street heads north
London's blue-chips closed up around 45 points but below the 7,300 level
Archive
Housebuliders step up to the podium in busy week of corporate earnings
The week ahead includes a slew of full year results, including from Taylor Wimpey, Persimmon, GKN, Capita, AB Foods and WPP
Ascential snaps up Irish ecommerce analytics group Clavis in deal worth up to US$219mln
Dublin-based Clavis’ technology allows companies to track and optimise the performance of their products across hundreds of retailer websites and mobile commerce sites
Archive
Lloyds and Barclays to dominate manic week of corporate earnings
Week ahead: Lloyds, Barclays, AstraZeneca, GlaxoSmithKline, Sky, Reckitt Benckiser
Ascential profits rise in first full year results since IPO
Ascential, jointly owned by Apax Partners and Guardian Media Group, said full year revenues were driven by the launch of new products
Archive
Week ahead: ITV set to broadcast results as quantity set to rule over quality
Having seen the big drugs, oils, and banking sectors dominate over the past few weeks, investors will have less FTSE 100 results to digest in the coming week.
FTSE 100 shares close firm thanks to housebuilders
FTSE 100 stocks closed firm on Wednesday as housebuilders helped build on what would have been a flat end
Risers & Fallers: Metal Tiger, Morgan Sindall, Proxama, ECR Minerals, African Potash, Ascential
Drilling on the T3 target at Metal Tiger’s copper venture in Botswana continues to return high grades.
Risers & Fallers: Ascent Resources, Hummingbird, Mkango ...
The European oil and gas exploration and production company Ascent lived up to its name as resolutions 1 to 3 were duly passed at today’s AGM.
Hikma Pharmaceuticals hits Footsie as oil and mining dip
Drug company enters the blue-chip ranks as satellite group drops out