By Frank Prenesti
Date: Tuesday 19 Nov 2024
LONDON (ShareCast) - (Sharecast News) - Events and digital services group Informa on Tuesday reaffirmed its recently upgraded full-year guidance as revenues in the first 10 months of the year grew 10.7% and said strong forward booking were providing momentum into 2025.
The company forecast double-digit underlying revenue growth; updating for the now completed Ascential acquisition and currency movements which would take full year group Revenue guidance to at least £3.5bn and adjusted operating profit to £975m.
Free cash flow was lifted to at least £750m after a strong performance on operating cash conversion.
Reporting by Frank Prenesti for Sharecast.com
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Currency | UK Pounds |
Share Price | NULL |
Closing Price Change | 13.00p |
% Change | 0.00 % |
52 Week High | NULL |
52 Week Low | 640.00p |
Volume | 0 |
Shares Issued | 1,302.86m |
Beta | 0.03 |
RiskGrade | 196 |
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Strong Buy | 7 |
Buy | 4 |
Neutral | 0 |
Sell | 0 |
Strong Sell | 0 |
Total | 11 |
Latest | Previous | |
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Interim | Final | |
Ex-Div | 07-Aug-25 | 29-May-25 |
Paid | 19-Sep-25 | 11-Jul-25 |
Amount | 7.00p | 13.60p |
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