Transparency Report 2020

Total Page:16

File Type:pdf, Size:1020Kb

Transparency Report 2020 UK Transparency Report 2020 January 2021 kpmg.com/uk UK Transparency Report 2020 Our year in numbers Audit engagements rated Audit engagements that Revenue from Audit and 1 or 2a by the FRC’s AQR have been subject to the firm’s directly related services Quality Performance Review 61% 144 £639m (2019: 76%) (2019: 124) (2019: £631m) Women in Audit BAME colleagues in Audit Ethics Champions 45% 29% 123 (2019: 44%) (2019: 29%) (2019: 113) Members of our UK Audit FTSE 100 companies who attend our ‘Explore’ workshops to encourage Committee Institute Audit Committee Institute events open, honest discussions about behaviour and culture 2,800 68 257 (2019: 2,800) People Survey respondents that Audit professionals working in Number of colleagues trained to use say our commitment to quality is transformation, data & analytics, the new KPMG Clara workflow apparent on a daily basis and information risk 88% 810 1,000 (2019: 84%) (+20% on prior year) © 2021 KPMG LLP, a UK limited liability partnership and a member firm of the KPMG global organisation of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved. 2 UK Transparency Report 2020 Contents © 2021 KPMG LLP, a UK limited liability partnership and a member firm of the KPMG global organisation of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved. 3 UK Transparency Report 2020 Audit plays a crucial role in the UK’s economy We’re responding to the changing expectations of audit and auditors, and in many areas, we’re leading the way. In doing so, we’re creating a stronger, more resilient, audit business, one that will support the UK’s economic recovery. Our firm has been supporting the We’ve also taken the lead in terms UK’s businesses, communities of performance management: audit and people for 150 years now quality and values-based behaviour and throughout that time, audits are the metrics we use to measure have played a vital part in the UK’s success. The support of our Public economy. Of course, over time, Interest Committee – which brings Bill Michael people’s expectations of audit have independent challenge and oversight UK Chair and Senior Partner changed. They’re demanding more of – has been invaluable. the audit product and profession. The Of course, there is still a lot more to reviews and inquiries over the past do to enhance public trust in audit. two years have helped identify what As a firm, we support operational needs to change. And we’re leading separation of the audit practice from the evolution of audit, with both ideas the rest of the firm in the UK and we and action. are well prepared for it. Our work this year, which includes Audits play a vital role in the UK changing our governance structure economy and they’ll continue to do and doubling down on our efforts to so. We have a once-in-a-generation improve audit quality, is part of our opportunity to redefine the audit response. This report describes how product and its purpose and I for one we’re restoring trust in audit – and by am excited at what this means for extension – trust in capital markets. the UK. I’m proud of the progress we’ve made, particularly given the extra challenges the global pandemic has created. In areas like corporate governance, our firm has been a first mover. With the creation of our Audit Board, we’ve charged a group of experts with managing our audit business. © 2021 KPMG LLP, a UK limited liability partnership and a member firm of the KPMG global organisation of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved. 4 UK Transparency Report 2020 Creating confidence in capital markets Now, more than ever, the markets need confidence. And this is something high-quality audits can provide. We’re engaging with stakeholders to make sure that audit reports give investors the insights they need, as they deal with uncertainty. Change in the UK’s corporate We’re shaping the future of the sector continues at pace. The global audit profession pandemic is creating a new social Where we have made changes to contract between society and big our audit practice, these have often business: people want businesses been ahead of regulatory change. to be socially responsible and put We’ve made considerable progress Michelle Hinchliffe purpose above profit. The public’s on operational separation and as a Chair of UK Audit expectations are higher than ever firm, we support it. For example, before. And while all stakeholders we already have a separate Audit agree reform is necessary, any reform Board and plan to bring external Audit has to make sure the UK remains an Non-Executives on this Board soon. attractive location for corporations – particularly in a post-Brexit, post- We know, though, that for operational pandemic world. separation to have a significant impact on audit quality it needs to be Audits that are fit for purpose part of a package of other changes across the UK’s corporate reporting Against this backdrop, audit, and ecosystem. Timing is key and audit auditors, have an important role to reform alone will not achieve this. play in raising deserved confidence Government, regulators and others in business. In my role as Chair need to prioritise the actions they of Audit, one of my priorities has want to take, and think carefully about been to increase engagement with the order they take them in. stakeholders. We’re addressing their demands to expand the scope of It is an exciting time for our audit and speak regularly to regulators profession. If we get these reforms and investors, among others. I know right – and we are working closely that, by working together, we can with the Financial Reporting Council restore trust in our profession. to help shape the future of the profession – collectively, we will Recent reviews and inquiries into strengthen the UK’s corporate sector. audit propose options such as businesses producing resilience statements or reporting on internal controls, in what could become a UK version of Sarbanes-Oxley. We support these proposals and want them to go a step further, adding assurance. In doing so, this would give users even greater confidence in their contents. Similarly, we plan to offer assurance of Environmental, Social and Governance metrics to all the companies we audit. We know that audit could, and should, ‘do more’. © 2021 KPMG LLP, a UK limited liability partnership and a member firm of the KPMG global organisation of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved. 5 UK Transparency Report 2020 Creating a sustainable audit business We’re one year into a three-year strategy for our audit practice, built on the pillars of high audit quality, a sustainable business and rewarding careers. Audit is grappling with multiple once-in-a-generation challenges all at the same time. Through it all, we’re building a bright future for audit, founded on investment in people, culture and innovation. This year of turmoil has reminded Audit is increasingly an innovation and everyone how essential audit is to technology business. And innovation the whole financial system. Despite relies on diversity in our people. This Jon Holt unprecedented challenges in 2020, year, we’ve diversified our recruitment Head of Audit the investments in our transformation more than ever before, with a better programme enabled us to continue mix of graduates, apprentices and delivering high-quality audits whilst offshore roles. I am personally working remotely. sponsoring our Black Lives action plan to ensure that we make our Audit Giving auditors the skills, and the practice a place for every talented tools, they need auditor, regardless of their background or identity. This year we’ve consistently rolled out new technology and better We’re transparent about our ways of working. Our new Centres progress of Excellence are helping front-line auditors focus on what they do This year we released our Audit best. Our specialist teams, in areas Quality Scorecard – a window into like data analytics and climate risk, the holistic measures and metrics we are growing and are more deeply use to track the quality of our audits embedded in Audit. across the practice. Audit quality is improving, and you can read more We’ve got 150 audit teams using about the Scorecard on page 19. KPMG Clara workflow – the most modern audit platform and In the FRC’s 2019/20 Audit Quality methodology in the big 4 and our Review, we received no “significant biggest technology investment ever. improvements required” grades for We have year-round training for the second year running. But despite auditors, building on our annual KPMG all our investment and focus, we still Audit University. Culture and coaching have room for improvement. We will are key to delivering quality every not be satisfied until we consistently time, so we have a comprehensive achieve AQR scores that reflect the programme to strengthen our culture. progress we’re making. We know that having the right culture I’m proud of the 6,000 auditors at in place is crucial if we are to deliver KPMG. They’ve continued to deliver quality, every time. In internal training complex audits with high quality and coaching, we describe this as a despite the challenges of this year. ‘high challenge, high support’ culture; The strong culture of mutual support it describes what we expect of and commitment to challenge give auditors and what they can expect of me great confidence in the future each other.
Recommended publications
  • Parker Review
    Ethnic Diversity Enriching Business Leadership An update report from The Parker Review Sir John Parker The Parker Review Committee 5 February 2020 Principal Sponsor Members of the Steering Committee Chair: Sir John Parker GBE, FREng Co-Chair: David Tyler Contents Members: Dr Doyin Atewologun Sanjay Bhandari Helen Mahy CBE Foreword by Sir John Parker 2 Sir Kenneth Olisa OBE Foreword by the Secretary of State 6 Trevor Phillips OBE Message from EY 8 Tom Shropshire Vision and Mission Statement 10 Yvonne Thompson CBE Professor Susan Vinnicombe CBE Current Profile of FTSE 350 Boards 14 Matthew Percival FRC/Cranfield Research on Ethnic Diversity Reporting 36 Arun Batra OBE Parker Review Recommendations 58 Bilal Raja Kirstie Wright Company Success Stories 62 Closing Word from Sir Jon Thompson 65 Observers Biographies 66 Sanu de Lima, Itiola Durojaiye, Katie Leinweber Appendix — The Directors’ Resource Toolkit 72 Department for Business, Energy & Industrial Strategy Thanks to our contributors during the year and to this report Oliver Cover Alex Diggins Neil Golborne Orla Pettigrew Sonam Patel Zaheer Ahmad MBE Rachel Sadka Simon Feeke Key advisors and contributors to this report: Simon Manterfield Dr Manjari Prashar Dr Fatima Tresh Latika Shah ® At the heart of our success lies the performance 2. Recognising the changes and growing talent of our many great companies, many of them listed pool of ethnically diverse candidates in our in the FTSE 100 and FTSE 250. There is no doubt home and overseas markets which will influence that one reason we have been able to punch recruitment patterns for years to come above our weight as a medium-sized country is the talent and inventiveness of our business leaders Whilst we have made great strides in bringing and our skilled people.
    [Show full text]
  • Agenda Item 6E
    Agenda Item 6e, Attachment 4, Page 1 of 7 2018 Northern Ireland Holdings Report Companies with operations in Northern Ireland "compliant with principles of non-discrimination" Company Name Country 3M COMPANY US AECOM US AIB GROUP PUBLIC LIMITED COMPANY Ireland AIR PRODUCTS AND CHEMICALS, INC. US Aktiebolaget Electrolux Sweden Allianz SE Germany AMAZON.COM, INC. US AMETEK, INC. US AON PLC United Kingdom APPLE INC. US ASSOCIATED BRITISH FOODS PLC United Kingdom ASTRAZENECA PLC United Kingdom ATOS SE France AVIS BUDGET GROUP, INC. US AVIVA PLC United Kingdom AVON PRODUCTS, INC. United Kingdom AVX CORPORATION US BANCO SANTANDER, S.A. Spain BANK OF IRELAND GROUP PUBLIC LIMITED COMPANY Ireland BARCLAYS PLC United Kingdom BAXTER INTERNATIONAL INC. US BEMIS COMPANY, INC. US BLACK BOX CORPORATION US BOMBARDIER INC. Canada BOUYGUES S.A. France BRITVIC PLC United Kingdom BT GROUP PLC United Kingdom BUNZL PUBLIC LIMITED COMPANY United Kingdom C & C GROUP PUBLIC LIMITED COMPANY Ireland CANON INC. Japan CAPITA PLC United Kingdom Capri Holdings Limited United Kingdom CATERPILLAR INC. US CBRE GROUP, INC. US CDW CORPORATION US CITIGROUP INC. US CLEAR CHANNEL OUTDOOR HOLDINGS, INC. US CLOSE BROTHERS GROUP PLC United Kingdom CME GROUP INC. US Coca-Cola HBC AG Switzerland COLUMBUS MCKINNON CORPORATION US COMPAGNIE DE SAINT-GOBAIN S.A. France COMPASS GROUP PLC United Kingdom COWEN INC. US Agenda Item 6e, Attachment 4, Page 2 of 7 2018 Northern Ireland Holdings Report Companies with operations in Northern Ireland "compliant with principles of non-discrimination" Company Name Country CRAWFORD & COMPANY US CRH PUBLIC LIMITED COMPANY Ireland DANSKE BANK A/S Denmark DCC PUBLIC LIMITED COMPANY Ireland Deutsche Post AG Germany DFDS A/S Denmark DIXONS CARPHONE PLC United Kingdom DOMINO'S PIZZA GROUP PLC United Kingdom DOWDUPONT INC.
    [Show full text]
  • 2010 Annual Report
    Trinity Mirror plc Annual Report & Accounts 2010 Our strategic goal is to build a growing multi-platform media business, by developing and sustaining strong positions across print and digital, with products and services which meet the needs of our customers, both readers and advertisers. Trinity Mirror plc Annual Report & Accounts 2010 1 Who we are 1 2010 in context 2010 in context 2 Group at a glance 4 Regionals 8 Nationals During 2010 we continued to focus on the delivery of 12 Chairman and Chief Executive statement our clear and consistent strategy and this has enabled 18 Board and management team the Group to deliver a strong financial performance with operating profit* up 17.0% and operating margin* increasing to 16.2% from 13.8%. While revenue trends have improved they remain under pressure due to the economic environment. The Group has further strengthened its balance sheet Who we are during the year, with strong cash generation despite the Business review challenging revenue environment and continued pension 20 Group activities 20 Group strategy deficit funding. The Group has significant financial 20 Our marketplace flexibility and is trading well within its covenants. 21 Group performance 23 Regionals division 25 Nationals division Our acquisition of GMG Regional Media, in March, has 26 Central proved very successful, delivering a strong revenue 27 Balance sheet 29 Risks and uncertainties and profit performance during the year. The acquisition 30 Employees ew vi extends the Group’s reach across print and digital in e the North West and the South providing further scale r ess in these key geographies.
    [Show full text]
  • Ascential Secure
    Ascential Secure Enhanced Health & Safety Standards at Ascential’s Events in a Post-COVID-19 World 1 ​ About Ascential Secure Ascential Secure is our approach to enhanced health and safety standards at our events following COVID-19. From exhibitors to sponsors, speakers, visitors and journalists, those who come to our events do so to gain the information, insights, connections, data and digital tools that they need, effectively and safely. The standards and practices that make up Ascential Secure are designed to provide confidence that at every Ascential event, we are striving to provide the highest standards of safety, hygiene, cleanliness and quality. Whether they are exhibitors, attendees, visitors, speakers or sponsors, people come to events to connect, learn, know more and do more business, effectively, safely and with confidence. Ascential Secure is based on a set of event industry standards, called AllSecure. The AllSecure industry standards were developed collaboratively by a group including industry associations UFI, AEO and SISO, event organisers Informa, Reed Exhibitions and Clarion, a range of event venues, suppliers and with input from health, government and local authorities. Ascential Secure is the way these industry-wide AllSecure standards are being applied to Ascential live events. You can expect to see that health and safety continues to be a priority, and that a range of measures are in place to ensure everyone involved is able to enjoy a safe, hygienic, productive and high-quality organised event experience. As a starting point, Ascential Secure events will be run according to the guidance of the government or official local authority for that location, and according to any venue-specific regulations.
    [Show full text]
  • Reach PLC Summary Response to the Digital Markets Taskforce Call for Evidence
    Reach PLC summary response to the Digital Markets Taskforce call for evidence Introduction Reach PLC is the largest national and regional news publisher in the UK, with influential and iconic brands such as the Daily Mirror, Daily Express, Sunday People, Daily Record, Daily Star, OK! and market leading regional titles including the Manchester Evening News, Liverpool Echo, Birmingham Mail and Bristol Post. Our network of over 70 websites provides 24/7 coverage of news, sport and showbiz stories, with over one billion views every month. Last year we sold 620 million newspapers, and we over 41 million people every month visit our websites – more than any other newspaper publisher in the UK. Changes to the Reach business Earlier this month we announced changes to the structure of our organisation to protect our news titles. This included plans to reduce our workforce from its current level of 4,700 by around 550 roles, gearing our cost base to the new market conditions resulting from the pandemic. These plans are still in consultation but are likely to result in the loss of over 300 journalist roles within the Reach business across national, regional and local titles. Reach accepts that consumers will continue to shift to its digital products, and digital growth is central to our future strategy. However, our ability to monetise our leading audience is significantly impacted by the domination of the advertising market by the leading tech platforms. Moreover, as a publisher of scale with a presence across national, regional and local markets, we have an ability to adapt and achieve efficiencies in the new market conditions that smaller local publishers do not.
    [Show full text]
  • Introduction to Ascential Our Investment Case
    INTRODUCTION TO ASCENTIAL OUR INVESTMENT CASE Clear long-term vision. Helping leading global brands connect with their customers in a data-driven world. Structural growth. Demand for information, data & analytics driven by growth of digital commerce. Market leaders. We are leaders, with a unique blend of specialisms, in the high growth areas in which we operate. Robust business model. High recurring and repeat revenue, with more than 50% revenues from digital subscription and platforms, across diverse global customer base. Attractive financial profile. Track record of high single digit revenue growth, strong margins and cash generation, supported by sound capital allocation. Introduction to Ascential 2 OUR CUSTOMER PROPOSITION Our information products and platforms support our customers to do three simple things… CREATE THE RIGHT MAXIMISE THE OPTIMISE DIGITAL PRODUCTS BRAND MARKETING COMMERCE IMPACT Know which products Know how to get Know how to execute the consumer wants maximum creativity with with excellence on the tomorrow. optimised media. winning platforms. 1. 2. 3. Introduction to Ascential 3 SEGMENTAL OVERVIEW –2019 Segment Revenue % Revenue1 Growth1 EBITDA2 Margin Business Model Advisory 10% Digital Subscriptions Product £86m 21% +8% £36m 42% & Platforms 90% Design Digital Subscriptions Advisory & Platforms 11% Marketing £136m 32% +9% £51m 37% 37% Events 52% Advisory 6% Digital Subscriptions & Sales - Platforms 94% Digital £90m 22% +21% £13m 15% Commerce Sales - Digital Subscriptions & Events Platforms 4% Non Digital £68m 16%
    [Show full text]
  • Daily Mail & General Trust PLC (DMGT:LN)
    Daily Mail & General Trust PLC (DMGT:LN) Consumer Discretionary/Publishing Price: 1,068.00 GBX Report Date: September 28, 2021 Business Description and Key Statistics Daily Mail & Generals Trust manages portfolio of companies by Current YTY % Chg providing businesses and consumers with compelling information, analysis, insight, events, news and entertainment. Co.'s operating Revenue LFY (M) 1,203 -10.0 divisions includes: Insurance Risk, which produces risk models and EPS Diluted LFY 0.81 168.0 software applications; Consumer Media includes dmg media, which is a news media company; Property Information, which Market Value (M) 2,421 provides technology, data and workflow solutions to clients; EdTech, which includes Co.'s subsidiary, Hobsons Inc., a provider Shares Outstanding LFY (000) 226,643 of student success solutions; and Events and Exhibitions, which Book Value Per Share 5.05 includes dmg events, an international B2B exhibitions and conference organizer. EBITDA Margin % 7.10 Net Margin % 18.9 Website: www.dmgt.com Long-Term Debt / Capital % 15.0 ICB Industry: Consumer Discretionary Dividends and Yield TTM 0.17 - 1.55% ICB Subsector: Publishing Payout Ratio TTM % 29.7 Address: Northcliffe House;2 Derry Street London 60-Day Average Volume (000) 392 GBR 52-Week High & Low 1,124.00 - 650.00 Employees: 6,069 Price / 52-Week High & Low 0.95 - 1.64 Price, Moving Averages & Volume 1,147.7 1,147.7 Daily Mail & General Trust PLC is currently trading at 1,068.00 which is 2.2% below 1,082.5 1,082.5 its 50 day moving average price of 1,092.56 and 15.6% 1,017.3 1,017.3 above its 200 day moving average price of 923.50.
    [Show full text]
  • Trinity Mirror Plc Mirror Trinity
    Annual Report 2012 Trinity Mirror plc Trinity Mirror plc Annual Report 2012 Trinity Mirror plc OUR VISION In a dynamic media world we will create distinctive journalism that is an essential and growing part of our customers’ daily lives. We stand for content that matters, content that is relevant and content that you can believe in. Our audience understands the value of this content and we understand the value of our audience. OUR VALUES We are Creative; inspired by innovative journalism and publishing that meets the ever-changing needs and interests of our audience and customers. We are Open; believing that communication and transparency are key to creating an effective and collaborative work environment. We have Integrity; championing honesty and trust, and showing respect for our colleagues, audience, customers, shareholders and business partners. We are Ambitious; encouraging our people to remain driven and take pride in their achievements. They are our most valuable resource, each playing a part in enabling our success. Inside this report Who we are Business review Governance Financials 1 Our performance 14 Group items 23 Corporate responsibility 52 Group consolidated 2 Our strategy 17 Group review report accounts 4 Chairman’s statement 18 Divisional review 30 Corporate governance 91 Parent company accounts 6 Chief Executive’s statement 20 Other items report 100 Group five year summary 12 Our Board 21 Balance sheet 38 Remuneration report 22 Cash flow 49 Directors’ report WHO WE ARE BUSINESS REVIEW GOVERNANCE FINANCIALS OUR PERFORMANCE The Group is one of the UK’s largest publishers with a portfolio of media brands providing news, entertainment, information and services to consumers and connecting advertisers with national, regional and local audiences.
    [Show full text]
  • Votes Against Management Q1 2019 (01 January 2019 – 31 March 2019)
    VOTES AGAINST MANAGEMENT Q1 2019 (01 JANUARY 2019 – 31 MARCH 2019) JUST GROUP PLC Security G9331B109 Meeting Type Ordinary General Meeting Ticker Symbol Meeting Date 16-Jan-2019 ISIN GB00BCRX1J15 Agenda 710363160 - Management Record Date Holding Recon Date 14-Jan-2019 City / Country LONDON / United Vote Deadline Date 10-Jan-2019 Kingdom SEDOL(s) BCRX1J1 - BF2MPL4 Quick Code Item Proposal Proposed Vote For/Against by Management 1 TO AUTHORISE THE DIRECTORS TO ALLOT Management For For ORDINARY SHARES IN RELATION TO AN ISSUE OF CONTINGENT CONVERTIBLE SECURITIES 2 TO DISAPPLY PRE-EMPTION RIGHTS IN RELATION Management For For TO AN ISSUE OF CONTINGENT CONVERTIBLE SECURITIES UNDER RESOLUTION 1 BRITVIC PLC Security G17387104 Meeting Type Annual General Meeting Ticker Symbol Meeting Date 31-Jan-2019 ISIN GB00B0N8QD54 Agenda 710331430 - Management Record Date Holding Recon Date 29-Jan-2019 City / Country LONDON / United Vote Deadline Date 25-Jan-2019 Kingdom SEDOL(s) B0N8QD5 - B0T7ZJ5 - B11R0W8 Quick Code Item Proposal Proposed Vote For/Against by Management 1 RECEIVE THE ANNUAL REPORT FOR 52 WEEKS Management For For ENDED 30 SEPTEMBER 2018 2 DECLARE A FINAL DIVIDEND OF 20.3P PER SHARE Management For For 3 CONSIDER AND APPROVE THE DIRECTORS Management For For REMUNERATION REPORT FOR 52 WEEKS ENDED 30 SEPTEMBER 2018 4 ADOPT THE REVISED ARTICLES OF ASSOCIATION Management For For 5 RE-ELECTION OF JOHN DALY AS A DIRECTOR Management For For 6 RE-ELECTION OF SUNITI CHAUHAN AS A DIRECTOR Management For For 7 RE-ELECTION OF SUE CLARK AS A DIRECTOR Management
    [Show full text]
  • 2017-2018 Annual Investment Report Retirement System Investment Commission Table of Contents Chair Report
    South Carolina Retirement System Investment Commission 2017-2018 Annual Investment Report South Carolina Retirement System Investment Commission Annual Investment Report Fiscal Year Ended June 30, 2018 Capitol Center 1201 Main Street, Suite 1510 Columbia, SC 29201 Rebecca Gunnlaugsson, Ph.D. Chair for the period July 1, 2016 - June 30, 2018 Ronald Wilder, Ph.D. Chair for the period July 1, 2018 - Present 2017-2018 ANNUAL INVESTMENT REPORT RETIREMENT SYSTEM INVESTMENT COMMISSION TABLE OF CONTENTS CHAIR REPORT Chair Report ............................................................................................................................... 1 Consultant Letter ........................................................................................................................ 3 Overview ................................................................................................................................... 7 Commission ............................................................................................................................... 9 Policy Allocation ........................................................................................................................13 Manager Returns (Net of Fees) ..................................................................................................14 Securities Lending .....................................................................................................................18 Expenses ...................................................................................................................................19
    [Show full text]
  • FTSE Factsheet
    FTSE COMPANY REPORT Share price analysis relative to sector and index performance Data as at: 27 March 2020 Ascential ASCL Media — GBP 2.424 at close 27 March 2020 Absolute Relative to FTSE UK All-Share Sector Relative to FTSE UK All-Share Index PERFORMANCE 21-Apr-2015 1D WTD MTD YTD Absolute - - - - Rel.Sector - - - - Rel.Market - - - - VALUATION Data unavailable Trailing PE 6.6 EV/EBITDA 15.0 PB 2.5 PCF 23.9 Div Yield 1.7 Price/Sales 4.0 Net Debt/Equity 0.5 Div Payout 11.1 ROE 47.0 DESCRIPTION Data unavailable The Company is an International Business-to- Business Media Company with a focused portfolio of market-leading Events and Information Services Products. See final page and http://www.londonstockexchange.com/prices-and-markets/stocks/services-stock/ftse-note.htm for further details. Past performance is no guarantee of future results. Please see the final page for important legal disclosures. 1 of 4 FTSE COMPANY REPORT: Ascential 27 March 2020 Valuation Metrics Price to Earnings (PE) EV to EBITDA Price to Book (PB) 28-Feb-2020 28-Feb-2020 28-Feb-2020 100 28 8 ‖ +1SD 90 26 7 80 70 24 6 +1SD Avg 60 22 50 5 40 20 Avg +1SD 4 30 -1SD 18 20 Avg 16 3 -1SD 10 -1SD 0 14 2 Mar-2015 Mar-2016 Mar-2017 Mar-2018 Mar-2019 Mar-2015 Mar-2016 Mar-2017 Mar-2018 Mar-2019 Mar-2015 Mar-2016 Mar-2017 Mar-2018 Mar-2019 Hyve Group 120.0 Rightmove 26.6 Rightmove 25.0 Future 120.0 Future 24.6 Auto Trader Group 25.0 STV Group 102.9 4imprint Group 21.0 4imprint Group 22.9 Informa 41.1 Euromoney Institutional Investor 20.8 RELX 16.8 Auto Trader Group Moneysupermarket.com
    [Show full text]
  • Top Right Group Rebrands to Ascential Monday 14 December
    Top Right Group rebrands to Ascential Monday 14 December: Top Right Group today announces it has rebranded its group operations to Ascential: the global provider of exhibitions and festivals and information services for business professionals. Today’s rebrand follows the successful completion of the three year turnaround of the group which began in 2012, and signals a clear purpose for the future of the group which is now focused on two key areas: Exhibitions & Festivals and Information Services. Duncan Painter, CEO, Ascential, said: “We are targeting to become the global leader in large-scale live events and the digital information services industry and our new name and strong brand identity reflects the exciting future we see ahead. “The Top Right Group brand was the right identity for us when our focus was on transforming and turning around our operating companies. Over the past three years, those operating companies have performed well financially and it is now time to move the group brand forward. Our successful new business model provides the confidence that we are stronger as a group than as individual standalone operating companies. “The Ascential name and brand crystallises our constant focus on growing our customers’ success by creating more essential products and services for them, building greater value for our shareholders and an aspirational future for our business.” -Ends- For more information please contact Sarah Kemp on 07738 740 831 or at [email protected] www.ascential.com Notes to Editors Ascential informs and connects business professionals in 150 countries through market-leading Exhibitions and Festivals, and Information Services.
    [Show full text]