Informa reaffirms outlook on 'strong' trading
Publishing and events specialist Informa Plc reiterated its full-year outlook on Tuesday, on the back of ongoing strong trading.
Updating on trading in the 10 months to October end, the blue chip said underlying revenues had grown by 6.6%.
Driving the growth was strong trading in its core business-to-business live events division, which saw revenues spark 8.7%.
That helped offset slower growth of 3% in academic markets, and a 2.7% decline in underlying revenues at its digital business, Informa TechTarget.
As a result, Informa said it remained on track on meet expectations for underlying group revenue growth of 6% this year, and adjusted earnings per share growth of more than 10%.
Stephen Carter, chief executive, said: "Informa continues its strong operating performance, delivering further revenue, profit and earnings growth this year and with continuing momentum into next year."
Informa also flagged likely revenue growth in 2026, with more than £1bn already booked or committed through subscriptions, pre-booked exhibitor revenues and forward-booked contracts.
Disclaimer & Declaration of Interest
The information, investment views and recommendations in this article are provided for general information purposes only. Nothing in this article should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the writer but no responsibility is accepted for actions based on such opinions or comments. Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence. The writer may or may not hold investments in the companies under discussion.
