Informa’s earnings set to hit high-end of forecast

London, 21st June: Informa Group CEO, Stephen A. Carter, announced this week, at a trading update that the group would deliver over 10% in 2024.

The company announced five-month underlying revenue growth of 10.1%. So far this year the group has recorded revenues of approximately £1.4 billion (US$1.8 billion) and an additional £1 billion (US$1.3 billion) of subscriptions / exhibitor revenue committed for 2024. Management also noted that events rebookings into 2025 are looking strong.

Informa also highlighted growth due to partnerships in key markets: Saudi Arabia (Tahaluf, 51% shareholding) and China (Sinoexpo, 70% shareholding) and Beauty (BolognaFiere, 13.5% shareholding).