Peter Rigby (pictured), Chief Executive said: “Trading in the new financial year has been broadly as expected and while the economic backdrop continues to provide little support, we remain on track to meet our full year targets. Our Academic and Large Event businesses have performed particularly well in the early months and while trading has been mixed in some other areas, we expect trends to continue to improve through the year.
Our strategic focus is on continuing to build our digital subscription base and Large Event portfolio while further expanding our presence in emerging markets, improving the underlying quality of earnings and enhancing the visibility and strength of our cash flows. We continue to make progress on all these objectives.”