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UBM (LSE:UBMN) Credit Losses Provision


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What is UBM Credit Losses Provision?

Credit Losses Provision only applies to banks.


UBM (LSE:UBMN) Business Description

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UBM PLC is a United Kingdom-based global business-to-business organizer. In addition to focusing on business-to-business events, the company operates live media, communication, and marketing services. The majority of the company's revenue is derived from it organization of business events such as tradeshows, making it one of the leading event and exhibition organizers in the world. Its events are mostly focused in North America, emerging markets countries such as China and India, and the U.K. The company's revenue is fairly evenly split across these regions. UBM's clients mainly operate in the industrial, transportation, fashion, and healthcare industries.