Informa (INF)

Sector:

Media

Index:

FTSE 100

518.80p
   
  • Change Today:
    -3.20p
  • 52 Week High: 598.60p
  • 52 Week Low: 416.10p
  • Currency: UK Pounds
  • Shares Issued: 1,503.11m
  • Volume: 3,157,157
  • Market Cap: £7,798m
  • RiskGrade: 196

Informa ups FY revenue guidance amid heightened activity in subscription businesses

By Iain Gilbert

Date: Thursday 29 Jul 2021

LONDON (ShareCast) - (Sharecast News) - Publishing firm Informa upped its full-year revenue guidance on Thursday amid increased activity in the group's subscription businesses and expectations of physical trade shows in both the United States and the Middle East returning later in the year.
Informa reported a more than 40% drop in adjusted operating profits to £69.2m for the six months ended June 30, with the postponement of trade shows and conferences due to the Covid-19 pandemic causing much of the decline.

Statutory revenues also contracted to £688.9m from £814.4m.

However, despite the declines, Informa now expects full-year revenues of £1.8bn for the year ending 31 December, up from previous forecasts for £1.7bn, while adjusted operating profits were expected to be roughly £375.0m after current effects.

The FTSE 100-listed firm also highlighted that it was seeing a "progressive return of physical event activity" in all three of its major geographic markets of North America, Mainland China and the Middle East.

Chief executive Stephen Carter said: "Informa's subscriptions-led businesses continue to deliver improving growth, reflecting our consistent investment in product development and increasing focus on specialist brands in growth markets."

"Our physical events business is increasingly returning in Mainland China and progressively rebuilding in North America and the Middle East, with positive forward bookings and growing commercial confidence. Clearly, however, there is continuing restriction and uncertainty in other parts of the world and we continue to monitor the rules and relaxation approaches on a country-by-country basis."

As of 0955 BST, Informa shares were up 3.24% at 499.70p.

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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 518.80p
Change Today -3.20p
% Change -0.61 %
52 Week High 598.60p
52 Week Low 416.10p
Volume 3,157,157
Shares Issued 1,503.11m
Market Cap £7,798m
RiskGrade 196

Informa Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
49.18% below the market average49.18% below the market average49.18% below the market average49.18% below the market average49.18% below the market average
Sector averageSector averageSector averageSector averageSector average
Price Trend
55.26% below the market average55.26% below the market average55.26% below the market average55.26% below the market average55.26% below the market average
54.39% below the sector average54.39% below the sector average54.39% below the sector average54.39% below the sector average54.39% below the sector average
Income
30.56% below the market average30.56% below the market average30.56% below the market average30.56% below the market average30.56% below the market average
14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average
Growth
71.02% below the market average71.02% below the market average71.02% below the market average71.02% below the market average71.02% below the market average
81.48% below the sector average81.48% below the sector average81.48% below the sector average81.48% below the sector average81.48% below the sector average

What The Brokers Say

Strong Buy 9
Buy 2
Neutral 3
Sell 1
Strong Sell 1
Total 16
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
  Interim Final
Ex-Div 08-Aug-19 25-Apr-19
Paid 13-Sep-19 31-May-19
Amount 7.55p 14.85p

Trades for 22-Oct-2021

Time Volume / Share Price
16:36 19,439 @ 519.56p
16:35 1,202,636 @ 518.80p
16:29 222 @ 518.40p
16:29 1 @ 518.40p
16:29 14 @ 518.00p

Informa Key Personnel

CEO Stephen A Carter

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