Informa updates corporate strategy
/London 19th July: The London-based media group, Informa PLC, has released an update of its Growth Acceleration Plan (GAP). In the first half of 2022, the group posted underlying revenue growth of over 40%, due to continuing strength in Academic Markets, strong return in Live & On-Demand Events and progressive growth in B2B Digital Services.
Informa posted strong performances in its key business units, including Informa Markets, Informa Connect and Informa Tech – delivering over 90% underlying revenue growth. Total revenues were more than £650 million (US$796 million).
Separately, Informa has announced a deal to acquire Industry Dive, a multi-market B2B audience development and high-quality digital content specialist firm. In addition, Informa agreed to sell its Emerging Portfolio Funds Research (EPFR) to Montagu, a private equity firm.