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Tuesday, November 18, 2008

UBM and RBI News

UBM reports in an interim statement that it has culled 300 jobs and revenues, in print are falling fast. Its building division will see millions wiped off its profit.

In the round thought United reckons it will meet its forecasts but as we have noted before, the trade show business is still benefiting from the forward sales made before the crunch. It is going to get much harder in the coming months I would judge

Meanwhile Gerard Van Der Aast the CEO of RBI worldwide has fallen on his sword amid falling revenues at up for sale RBI. Keith Jones gets the big job -at least until the sale process completes - or doesn't as might well be the case.

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