Informa (INF)

Sector:

Media

Index:

FTSE 100

792.80p
   
  • Change Today:
    -3.20p
  • 52 Week High: 901.40
  • 52 Week Low: 640.20
  • Currency: UK Pounds
  • Shares Issued: 1,311.52m
  • Volume: 281,284
  • Market Cap: £10,398m
  • RiskGrade: 196
  • Beta: 0.03

Informa ups guidance after annual profits jump

By Abigail Townsend

Date: Friday 08 Mar 2024

LONDON (ShareCast) - (Sharecast News) - Informa upped 2024 guidance on Friday after strong growth in overseas markets boosted full-year revenues and profits.
The specialist B2B events organiser and publisher saw revenues jump 41% in the year to December end to £3.19bn, while adjusted operating profit was £853.8m, compared to £496.3m a year previously.

Pre-tax profits surged £492.1m from £168.8m.

Informa attributed much of the growth to strong demand in overseas markets, including India, the Middle East and Africa.

Stephen Carter, chief executive, said the combined region was becoming "a material geographic growth engine alongside the Americas, China, ASEAN and Europe, and leads to updated 2024 guidance".

The FTSE 100 group, which said it had already generated revenues of more than £500m in the first quarter, now expects group revenues of between £3.45bn and £3.5bn in 2024. Adjusted operating profits are forecast to come in between £950m and £970m.

That compares to earlier guidance for revenues of between £3.43bn and £3.48bn and operating profits between £945m and £965m.

Informa said: "The macroeconomic environment remains varied across the world. Ongoing conflict and geopolitical uncertainty, combined with heightened inflation and higher interest rates, are impacting confidence and demand in some developed markets.

"This is balanced by continuing growth in other regions, where investment in innovation and economic diversification is driving expansion and commercial opportunities."

Carter added: "Informa's final results confirm further outperformance in 2023, and continuing momentum and growth in 2024."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Informa Market Data

Currency UK Pounds
Share Price 792.80p
Change Today -3.20p
% Change -0.40 %
52 Week High 901.40
52 Week Low 640.20
Volume 281,284
Shares Issued 1,311.52m
Market Cap £10,398m
Beta 0.03
RiskGrade 196

Informa Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
75.5% below the market average75.5% below the market average75.5% below the market average75.5% below the market average75.5% below the market average
95% below the sector average95% below the sector average95% below the sector average95% below the sector average95% below the sector average
Price Trend
4.7% below the market average4.7% below the market average4.7% below the market average4.7% below the market average4.7% below the market average
53.49% above the sector average53.49% above the sector average53.49% above the sector average53.49% above the sector average53.49% above the sector average
Income
25.24% below the market average25.24% below the market average25.24% below the market average25.24% below the market average25.24% below the market average
55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average
Growth
90.94% above the market average90.94% above the market average90.94% above the market average90.94% above the market average90.94% above the market average
89.47% above the sector average89.47% above the sector average89.47% above the sector average89.47% above the sector average89.47% above the sector average

What The Brokers Say

Strong Buy 6
Buy 5
Neutral 0
Sell 0
Strong Sell 0
Total 11
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Informa Dividends

  Latest Previous
  Final Interim
Ex-Div 29-May-25 08-Aug-24
Paid 11-Jul-25 20-Sep-24
Amount 13.60p 6.40p

Trades for 28-May-2025

Time Volume / Share Price
11:48 130 @ 792.80p
11:47 785 @ 792.80p
11:46 400 @ 793.00p
11:44 431 @ 793.00p
11:43 15 @ 792.80p

Informa Key Personnel

CEO Stephen A Carter

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