- Informa has increased its adjusted operating profit forecast for 2024 to between GBP950 million and GBP970 million, up from the previous GBP945 million to GBP965 million.
- Revenue is also projected to increase, with estimates between GBP3.45 billion and GBP3.50 billion, compared to the previous GBP3.43 billion to GBP3.48 billion.
- The 2023 year results show an adjusted pretax profit of GBP834.6 million, surpassing the estimated GBP822.9 million.
- The adjusted operating profit for 2023 was GBP853.8 million, higher than the estimated GBP844.4 million.
- Revenue for 2023 totaled GBP3.19 billion, exceeding the estimated GBP3.17 billion.
- Informa Markets brought in revenue of GBP1.59 billion, Informa Connect GBP580.6 million, Informa Tech GBP396.7 million, and Taylor & Francis GBP619.0 million.
- Pretax profit for 2023 was GBP492.1 million, while the operating profit was GBP507.8 million.
- Net debt increased to GBP1.46 billion, compared to GBP244.6 million the previous year.
- The final dividend per share for 2023 was 12.2p, and the dividend per share was 18.0p, up from 9.8p the previous year.
- Informa foresees a free cash flow of above £720m in 2024.
- More than £500m revenue has already been generated in 2024, with all businesses on track to meet full year expectations.
- Current analyst ratings on Informa are: 13 buys, 3 holds, and 0 sells.
A look at Informa PLC Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Informa PLC, a leading provider of business information, has a positive long-term outlook according to the Smartkarma Smart Scores. The company received a score of 3 for value, indicating that it is reasonably priced in the market. With a score of 2 for dividends, Informa may not be the top choice for investors looking for high dividend yields, but it still offers some return on investment.
Informa PLC scored a 5 for growth, indicating its potential for future growth in the finance and insurance, maritime transport and trade, law and tax, telecom and media, commodities and energy, and biomedical and pharmaceutical global markets. The company also received a score of 3 for resilience, suggesting that it has the ability to withstand economic downturns and market fluctuations.
With a momentum score of 4, Informa PLC is showing positive momentum in the market. This, along with its strong growth potential and resilience, bodes well for the company’s long-term future. Overall, Informa PLC is a solid player in the business information industry, providing valuable information through various media platforms to a global audience.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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