February 28, 2018 / 7:35 AM / 3 months ago

BRIEF-Informa Full-Year Adjusted Operating Profit Rises 31.3 Pct

Feb 28 (Reuters) - INFORMA PLC:

* FY REVENUE GROWTH: +30.7% TO £1,757.6M​

* FY ADJUSTED OPERATING PROFIT GROWTH: +31.3% TO £545.5M (2016: £415.6M)​

* ‍”WELL PLACED TO CONTINUE DELIVERING IMPROVING GROWTH... DESPITE ONGOING MACRO AND GEO-POLITICAL UNCERTAINTY IN SOME REGIONS OF WORLD”​

* WILL CONTINUE TO ‍INVEST IN ITS PRODUCTS AND CUSTOMER PLATFORMS, ALONGSIDE FURTHER INTERNATIONAL EXPANSION​

* ‍2018 WILL BE A YEAR OF GROWTH CONTINUATION, WITH A TARGET TO IMPROVE GROUP UNDERLYING REVENUE GROWTH TO MORE THAN +3.5%​

* INFORMA- ‍IN BUSINESS INTELLIGENCE, POSITIONS FOR CONTINUED IMPROVEMENT IN 2018 TOWARDS DIVISIONAL TARGET OF MORE THAN +3% UNDERLYING REVENUE GROWTH​

* ‍KNOWLEDGE AND NETWORKING UNIT WELL POSITIONED FOR POSITIVE GROWTH MOMENTUM THROUGH 2018​

* PENTON DEAL SYNGERGIES ‍EXPECTED TO RISE TO AN ANNUALISED LEVEL OF $22.5M IN 2018​ Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below