London, 19th November: Earlier this week, Informa PLC, the London-listed B2B media group, released its latest trading update with an 11% growth of underlying revenue in the first 10 months of 2024.

Informa’s B2B Markets business also recorded an 11% increase year-on-year. In terms of business, Informa Markets’ revenues rose 13.5%, Informa Connect was up 4.9% and Informa Tech 11%.

Management also updated its 2024 full year forecast to revenues of over £3.5 billion (US$4.5 billion), and adjusted operating profit of over £975 million (US$1.26 billion).

According to the company, it will focus on maximising its platform by aligning its businesses more closely in Operations, Brands, Technology, Marketing and Data Analysis. Therefore, the three Live B2B Events businesses (Informa Markets, Informa Connect, Informa Festivals) will be operated as one, alongside Informa TechTarget and the Academic Markets division.

Stephen A. Carter, Group Chief Executive, said, “Informa continues to deliver a strong performance in 2024, with forward bookings providing momentum into 2025. This year sees us complete our four-year GAP2 programme, where our performance has demonstrated the structural growth in our chosen markets, our geographic strength in the US and IMEA in particular, and the power of our market-leading specialist B2B Brands and proprietary first party data.”