Informa, the international live B2B Events, B2B digital services and academic markets group has published full year results for 2024, reporting double digit revenue and profit growth, the resumption of share buybacks and guidance for further strong growth in 2025.
The world’s largest operator of international trade shows has reported a near 23% rise in full-year adjusted operating profits to £995m (US$1.28bn), on revenues up 11.6% to £3.55bn from the group’s businesses. Free Cash Flow also rose to £812.1m last year from £631.7m in 2023.
Stephen A. Carter, group chief executive, Informa PLC, said: “On every measure, the Informa Group delivered an outstanding result in 2024, from revenue growth to higher dividend returns, alongside further international and portfolio expansion. This is a performance we aim to repeat in 2025.”
He added: “Our growth ambitions through the 2025-2028 One Informa period are underpinned by structural growth in B2B Events and Specialist Knowledge, market-leading brands and a geographic mix weighted to fast-growing economies. Further scale and opportunity in the increasingly important GCC Growth Gateway is delivered through today’s proposed strategic partnership in the UAE.”
The annual results report also highlights:
Strong Momentum into 2025:
- Informa’s growth platform will deliver 5%+ group underlying revenue growth in 2025, before any reinvestment in inorganic additions
- Target reported revenues of £4.1bn+ in 2025 and double-digit growth in adjusted earnings per share
- 2025 has started strongly, with c.£1.7bn of revenues (40%+ of target revenues) already paid, booked or committed.
Further scale in the GCC Growth Gateway through new partnership
- Expansion through creation of Informa International: Proposed strategic partnership with Dubai World Trade Centre (DWTC) to combine B2B Events businesses in the UAE and connected partner markets with Dubai-based DWTC’s B2B Events business. “We already have a great partnership in Dubai with DWTC and today’s announcement will further expand our relationship, allowing us to create something quite unique and special together in what is a highly vibrant and fast growing market,” said Stephen Carter.
His Excellency Helal Saeed Al Marri, director general, Dubai World Trade Centre Authority, added: “DWTC has built a portfolio of flagship B2B event brands and Informa is the perfect partner with whom to combine strengths and capture the next stage of growth in this high impact sector.”
- The new joint venture, Informa International, will have revenues of $700m+, with 30%+ operating margins, and a portfolio of market-leading brands in highly attractive growth categories.
Recommencing share buybacks:
- Resumption of Share Buyback Programme with initial minimum £200m+ in 2025.
The Informa Markets division – which includes the exhibition business – was the biggest earner in the group, reporting revenues of £1.72bn up 8.1% on the year.
Source: www.exhibitionworld.co.uk
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