Emap break-up still on cards as trading “encouraging”

Magazines giant Emap has received interest about all parts of the group since it announced plans to review the group structure on 27 July.

The board revealed today that “all options to maximise shareholder value” remain open – including the possible break-up of the various divisions. A further update is now sheduled when the company announced its interim results on 13 November.

Trading is said to have been encouraging. The company said that the “B2B division continues to deliver strong underlying revenue growth, Radio is performing well in what appears to be a more positive market, and, while revenue growth remains challenging in our consumer magazine markets, there is increasing confidence

that the operational efficiency initiatives commenced last year will deliver benefits earlier than anticipated.”

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