1st May 2025 09:48
(Alliance News) - Informa PLC on Thursday said it had a "strong" start to 2025, reporting revenue growth and reaffirming its annual guidance.
The London-based business information and events company said growth was broad-based, with 7.6% underlying revenue growth in the first quarter and more than GBP2.5 billion of full-year revenue already traded, booked or committed.
Shares in Informa were up 3.2% at 751.40 pence in London on Thursday morning. The wider FTSE 100 index was marginally higher.
The company said 55 of its top 100 brands are scheduled to trade in the first half of the year, supporting its full-year underlying revenue growth target of over 7% for the Live B2B Events portfolio. It also highlighted strong performances across its Academic Markets and B2B Digital Services businesses.
Informa said visibility remains high, with forward contracted revenue now representing 61% of its full-year GBP4.1 billion revenue target, ahead of the same point in 2024.
Chief Executive Officer Stephen Carter said: "The Informa group continues to deliver strong underlying growth in both Live B2B Events and Academic Markets," adding that its specialist brands and recurring revenue model provide a strong foundation for ongoing performance.
The company highlighted outperformance in India, the Middle East and Africa, and confirmed that its newly formed Informa Festivals division – created from the merger of existing brands with the Ascential portfolio – is performing to plan in terms of revenue and synergy targets.
Informa completed its GBP1.2 billion acquisition of Ascential, a London-based organiser of events for marketing and technology sectors, in October last year.
Informa reaffirmed full-year guidance for 5%-plus underlying revenue growth and double-digit growth in adjusted earnings, based on an average sterling exchange rate of USD1.27.
By Eva Castanedo, Alliance News reporter
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