Informa on track to deliver upper end of FY guidance range
5 mth underlying revenue up 10.1% (Il Sole 24 Ore Radiocor) - London, 21 Jun - The UK publishing, business intelligence and exhibitions group Informa said that it is "on track to deliver at the upper end" of its 2024 guidance range.
The company said that it in the first five months of its fiscal year underlying revenue rose 10.1%, "reflecting strong operational performances across all businesses." For the full year, it expects an underlying revenue growth rate reaching a high single digit and group revenue of 3.450-3.500 billion pounds.
It expects an adjusted operating profit of 950-970 million pounds and an adjusted free cash flow of more than 720 million pounds.
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(RADIOCOR) 21-06-24 11:46:07 (0290) 5 NNNN