Informa PLC (FRA:IEA)
€ 9.65 0.1 (1.05%) Market Cap: 12.68 Bil Enterprise Value: 15.16 Bil PE Ratio: 35.06 PB Ratio: 1.65 GF Score: 80/100

Half Year 2024 Informa PLC Earnings Call Transcript

Jul 24, 2024 / 09:30AM GMT
Release Date Price: €10.6 (+6.00%)
Gareth Wright
Informa PLC - Group Finance Director, Executive Director

Finally, the outlook for the remainder of 2024 and 2025 looks really positive. Our underlying revenue growth of 13% is driven by strong performance in Asia and North America, but coming below that level, actually all the markets and all the businesses are showing strong growth year-on-year. We're also delivering consistent volume growth, both at existing events and through the launch of new ones and our international network here is a key advantage.

And we talked about the tower business, the partnership in Saudi Arabia earlier in the year and today, and that's grown from nothing three years ago to a scale business, operating 10 events in 2024. And then combination of volume and value growth is what is delivering 13% growth at the half year and expect to deliver double-digit underlying revenue growth in 2024 as a whole.

And as Stephen touched on earlier, we've got more than 100 of those brands in our business with the major brands with scale brands on track to grow by more than 15% this year. Informa Connect we

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot