REG - Informa PLC - AGM Trading Update

InformaAnnouncement

Yesterday 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250617:nRSQ0739Na&default-theme=true

RNS Number : 0739N  Informa PLC  17 June 2025

                        Informa LEI: 5493006VM2LKUPSEDU20

Informa PLC Press Release

17 June 2025

AGM Trading Update

Continuing growth and expansion in 2025

Informa (LSE: INF.L), the international Live B2B Events, B2B Digital Services
and Academic Markets Group today published an update on trading ahead of its
AGM and to coincide with an Investor Field Trip to Cannes Lions, confirming
continuing strong growth and forward visibility.

 Stephen A. Carter, Group Chief Executive, Informa, said:

 ÓThe commercial power of our Live B2B Event Brands and Academic Market
 Services is driving further strong growth for Informa.Ó

 He added: ÒThe Informa Growth Platform is built on leading specialist Brands,
 market categories in structural growth, International reach into growth
 economies, first party data and world class industry talent.Ó

Highlights

á      Continuing underlying growth...Underlying revenue growth of 9.3%
in the five months to 31 May (7.9% including Informa TechTarget
consolidation):

á      B2B Live Events (Informa Markets, Informa Connect, Informa
Festivals): Underlying revenue growth of 8.3%, including broad international
strength and further market leading outperformance in IMEA (India, Middle East
and Africa);

á      Academic Markets: Underlying revenue growth of 13.7%, reflecting
core like-for-like growth of 3-4%; Business is performing to plan and we
continue to sign non-recurring licensing agreements with AI companies;

á      Informa TechTarget: Underlying revenues c.-5%, reflecting
continuing market softness through accelerated combination period, with
improving momentum from Q1 into Q2; 2024 10-K filing completed, confirming Q1
results will include technical non-cash impairment to reflect current
reduction in public market value.

á     Full year visibility...Group revenues of c.£2.8bn+ already traded,
booked or committed for the full year through subscriptions, recurring
exhibitor revenues and forward booked contracts, representing c.70% of full
year target revenues, pacing ahead of last year;

á      2025-2028 One Informa...Four-year programme to maximise
InformaÕs B2B growth platform progressing to plan, developing market-leading
capabilities in Customer Experience, Data-led Marketing, Brands and the AI
Time Dividend, including recent Group-wide deployment of Elysia, InformaÕs
personal AI assistant for Colleagues, supporting speed, efficiency and
productivity;

á      Balance sheet strengthÉSignificantly over-subscribed Û700m
Eurobond extends average debt maturity to 4.5 years, covering upcoming
redemptions and providing long-term financing flexibility;

á      Share Buybacks...2025 Share Buyback Programme ongoing;

á      Full Year underlying growth guidance reaffirmed...2025 Group
underlying revenue growth guidance of 5%+ reaffirmed, with B2B Events at 7%+;
Further weakening of US dollar translating to reported revenues of £4bn± and
adjusted earnings growth of 10%±. (2025 average FX of GBP/USD 1.32(1)).

 

 Enquiries
 Stephen A. Carter, Group Chief Executive                  +44 (0) 20 8052 0400
 Gareth Wright, Group Finance Director                     +44 (0) 20 8052 0400
 Richard Menzies-Gow, Director of IR & Communications      +44 (0) 20 8052 2787
 Tim Burt / Anthony Di Natale Ð Teneo                      +44 (0) 7583 413254 / +44 (0) 7880 715975

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  TSTEAPKKFEKSEFA