Informa (INF)

Sector:

Media

Index:

FTSE 100

815.80p
   
  • Change Today:
      11.40p
  • 52 Week High: 837.40
  • 52 Week Low: 680.60
  • Currency: UK Pounds
  • Shares Issued: 1,355.38m
  • Volume: 5,004,768
  • Market Cap: £11,057m
  • RiskGrade: 196

Informa FY revenue and profits seen at 'top-end' of guidance

By Iain Gilbert

Date: Thursday 04 Aug 2022

LONDON (ShareCast) - (Sharecast News) - Publishing and exhibitions group Informa reiterated full-year guidance on Thursday after witnessing "strong" revenue and adjusted profit growth throughout the six months ended 30 June.
Informa stated interim revenues had grown 59.1% year-on-year to £1.09bn, reflecting strong growth in academic markets, business-to-business digital services, and continued return of live and on-demand B2B events.

Interim adjusted operating profits surged 226.6% to £234.5m, driven by strong revenue growth and effective cost management, while statutory operating profits came to £90.9m - a marked improvement when compared to the prior year's £55.4m first-half loss.

The FTSE 100-listed group, which resumed ordinary dividends at 3.0p per share for H1, also highlighted that full-year expectations had been reaffirmed at the "top-end of guidance", with revenues seen at £2.15bn-2.25bn and adjusted operating profits expected to be between £470.0m and £490.0m - above historical trends.

Chief executive Stephen Carter said: "We remain on track to achieve the upper-end of 2022 guidance, with good forward visibility in subscriptions, exhibitors, delegates, and digital services."

Separately, Informa revealed it had divested its Maritime Intelligence business for £385.0m, providing additional flexibility for shareholder returns, additional growth investment, and further targeted expansion, while also completing the group's Portfolio focus programme.

As of 0825 BST, Informa shares were down 1.56% at 591.60p.





Reporting by Iain Gilbert at Sharecast.com

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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 815.80p
Change Today 11.40p
% Change 1.42 %
52 Week High 837.40
52 Week Low 680.60
Volume 5,004,768
Shares Issued 1,355.38m
Market Cap £11,057m
RiskGrade 196

Informa Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
85.25% below the market average85.25% below the market average85.25% below the market average85.25% below the market average85.25% below the market average
68.89% below the sector average68.89% below the sector average68.89% below the sector average68.89% below the sector average68.89% below the sector average
Price Trend
72.00% above the market average72.00% above the market average72.00% above the market average72.00% above the market average72.00% above the market average
61.70% above the sector average61.70% above the sector average61.70% above the sector average61.70% above the sector average61.70% above the sector average
Income
40.95% below the market average40.95% below the market average40.95% below the market average40.95% below the market average40.95% below the market average
40% below the sector average40% below the sector average40% below the sector average40% below the sector average40% below the sector average
Growth
99.72% above the market average99.72% above the market average99.72% above the market average99.72% above the market average99.72% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average

What The Brokers Say

Strong Buy 6
Buy 5
Neutral 2
Sell 0
Strong Sell 0
Total 13
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 06-Jun-24 10-Aug-23
Paid 12-Jul-24 15-Sep-23
Amount 12.20p 5.80p

Trades for 03-May-2024

Time Volume / Share Price
15:09 4 @ 813.80p
18:11 3,000,000 @ 808.00p
16:35 1,112,285 @ 815.80p
16:35 12,411 @ 815.80p
16:35 805 @ 815.80p

Informa Key Personnel

CEO Stephen A Carter

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