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Informa PLC (INF.L)

INF.L on London Stock Exchange

449.00GBp
23 Oct 2020
Change (% chg)

12.70 (+2.91%)
Prev Close
436.30
Open
436.10
Day's High
449.00
Day's Low
434.50
Volume
2,839,345
Avg. Vol
3,185,288
52-wk High
875.40
52-wk Low
326.70

Latest Key Developments (Source: Significant Developments)

Informa Says Further Rescheduling Of Events Within 2020 Is Unlikely
Friday, 12 Jun 2020 

June 12 (Reuters) - Informa PLC ::INFORMA - ACTIVITY IN CHINA HAS PICKED UP PACE THROUGH PAST MONTH,.INFORMA PLC - AGM TRADING UPDATE.INFORMA - FROM AN OPERATING STANDPOINT, POSTPONEMENT PROGRAMME IS NOW LARGELY COMPLETE.INFORMA - FURTHER RESCHEDULING OF EVENTS WITHIN 2020 IS UNLIKELY.INFORMA - 160+ BRANDS HAVE NOW BEEN CANCELLED OR REPHASED FROM 2020 TO 2021,.INFORMA - IT IMPLIES GROUP REVENUE FOR YEAR IS LIKELY TO BE ±£2BN.INFORMA - ENCOURAGINGLY, WHERE EVENTS HAVE BEEN CANCELLED AND FOCUS SHIFTED TO 2021, CUSTOMER DEMAND FOR REBATES HAS BEEN RELATIVELY LOW.INFORMA - CONSTRUCTIVE DISCUSSIONS WITH OUR US PRIVATE PLACEMENT DEBT HOLDERS ARE ONGOING.INFORMA-DECISION ON WHEN/WHETHER TO CHANGE THESE DISCUSSIONS TO A FORMAL REQUEST FOR A COVENANT WAIVER WILL BE MADE ONCE THERE IS GREATER VISIBILITY.  Full Article

Informa HY Adj. Pretax Profit 377.8 Mln Stg Vs 264.7 Mln Stg
Wednesday, 24 Jul 2019 

July 24 (Reuters) - Informa PLC ::HY STATUTORY OPERATING PROFIT: +65.5% GROWTH TO £248.3M.INCREASED INTERIM DIVIDEND: UP +7.1% TO 7.55P.ON TRACK TO DELIVER TARGETS FOR 2019.HY REVENUE 1,407.6 MILLION STG VERSUS 957.1 MILLION STG.HY ADJUSTED PROFIT BEFORE TAX 377.8 MILLION STG VERSUS 264.7 MILLION STG.HY STATUTORY PROFIT BEFORE TAX 232.8 MILLION STG VERSUS 118.7 MILLION STG.12-MONTH PROGRAMME OF ACTIVITY TO EFFECTIVELY COMBINE UBM PORTFOLIO WITH INFORMA IS NOW COMPLETE.TO SELL IIS, ITS WEALTH MANAGEMENT INFORMATION BUSINESS, TO DRAGONCURVE FINANCIAL CAPITAL FOR UP TO $85M.IN PROCESS OF RETIRING UBM BRAND, A PROJECT THAT SHOULD BE COMPLETED BY END OF YEAR.  Full Article

Informa Posts FY Statutory Operating Profit Of £363.2 Mln
Thursday, 7 Mar 2019 

March 7 (Reuters) - Informa PLC ::INFORMA PLC- FY REVENUE GROWTH: +3.7% UNDERLYING AND +34.9% REPORTED TO £2,369.5M.INFORMA PLC- FY ADJUSTED OPERATING PROFIT: +2.3% UNDERLYING AND +34.4% REPORTED TO £732.1M.INFORMA PLC- FY STATUTORY OPERATING PROFIT: £363.2M (2017: £344.7M).INFORMA PLC- FY DIVIDEND UP 7.1% TO 21.90P (2017: 20.45P).INFORMA- GEOGRAPHICAL SPLIT HELPS MANAGE CURRENT VOLATILITY STEMMING FROM BREXIT, TRADE TENSIONS BETWEEN US AND CHINA.  Full Article

Informa Sells Life Sciences Media Brands Portfolio For $100 Mln
Friday, 1 Feb 2019 

Feb 1 (Reuters) - Informa PLC ::DISPOSAL OF LIFE SCIENCES MEDIA BRANDS PORTFOLIO.DIVESTITURE OF LIFE SCIENCES MEDIA BRANDS PORTFOLIO FOR A CONSIDERATION OF JUST OVER $100 MILLION.TRANSACTION DOES NOT INCLUDE CBI EVENTS BUSINESS.  Full Article

Informa Says 10-Month Underlying Rev Grew 3.9 Pct
Friday, 9 Nov 2018 

Nov 9 (Reuters) - Informa PLC ::10-MONTH TRADING UPDATE.ON TRACK FOR FULL YEAR EXPECTATIONS.GROUP UNDERLYING REVENUE GROWTH OF +3.9 PCT FOR TEN MONTHS TO 31 OCTOBER 2018.COMBINATION PHASE OF ACCELERATED INTEGRATION PLAN FOR UBM COMPLETED ON SCHEDULE.UNDERLYING REVENUE GROWTH FOR STANDALONE INFORMA GROUP, PRE-COMBINATION, OF +4.1 PCT IN TEN-MONTH PERIOD TO 31 OCTOBER 2018.NEW COMBINED INFORMA GROUP DELIVERED UNDERLYING REVENUE GROWTH OF +3.9 PCT; REPORTED REVENUE GROWTH FOR 10-MONTH PERIOD WAS +31.8 PCT.ON TRACK TO MEET OUR AMBITION FOR UNDERLYING REVENUE GROWTH OF 3.5 PCT.UNDERLYING GROWTH IN 10-MONTH PERIOD WAS +6.9 PCT FOR GLOBAL EXHIBITIONS.FIRMLY ON TRACK TO MEET OUR TARGET OF BETWEEN 6 PCT AND 6.5 PCT GROWTH FOR 2018 IN GLOBAL EXHIBITIONS.10-MONTH PRO-FORMA UNDERLYING REVENUE GROWTH OF UBM BUSINESSES WAS +2.3 PCT, UP FROM +1.1 PCT REPORTED FOR FIRST SIX MONTHS OF YEAR.CONFIDENT WE CAN DELIVER ON 2018 EXPECTATIONS FOR UBM BUSINESS OF AROUND 3 PCT GROWTH OVERALL AND C.4 PCT GROWTH IN EVENTS.  Full Article

UPDATE 2-Events firm Informa deepens cost cuts as pandemic drives loss

* Sees FY revenue of about 1.7 bln stg (Adds CEO comments, background)