Euromoney Institutional Investor (LON:ERM), the FTSE 350 publishing, events and electronic information group, saw its shares edge down slightly to 586p this morning on news that a much improved third quarter trading performance could be muted by a more uncertain outlook for the final quarter of the year. EII said that total revenues for the all-important three months to June 30, had increased by 16% to £97.9m, driven by a good performance from its event businesses and a continued recovery in advertising revenues. In particular, a strategy of building large must-attend annual events in niche markets, and cutting lower margin events in a downturn, has ensured that as markets recover many of EII’s bigger events have seen a rapid recovery to pre-credit crisis revenue levels or better. However, market uncertainty still remains and there are signs of a slowing in the rate of growth of sales of advertising and delegates. The group said this meant that the overall rate of revenue growth in the fourth quarter will be less than the third.

Elsewhere, Entertainment One Ltd (LON:ETO), the company that specialises in the acquisition, production and distribution of film and television content, reported another successful quarter in the three months to June 30, with reported revenues up 16.7% (5.3% on a constant currency basis) driven by strong trading in both the film and TV businesses. Distribution continued to trade in line with last year. Entertainment One, which switched its listing from AIM to the Official list last week, said sales of the successful Twilight Saga films had helped to catapult its UK film business to the number one independent film distributor in the UK. Looking ahead, the company said it was trading in line with management expectations and was expecting to deliver the anticipated growth through further successes in its film and TV businesses. Shares in Entertainment One rose by 2.5% to 80.5p.

Finally, Contentfilm Plc (LON:CFL), the film, TV and digital media rights owner, reported a 12.7% decline in revenues to £18.4m in the year to March 31, with pre-tax profits of £0.3m against a loss in 2009 of £17.5m. Last year’s figures were impacted by significant write-downs connected to a restructuring of the company’s US film division. ContentFilm described today’s results as “positive” given difficult market conditions, particularly in Europe. Chairman, Alton Irby, said it…

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