Half year results

Informa reports complete integration of UBM

Gwen Kaufmann, m+a - Thursday, August 8, 2019    

Informa-reports-complete-integration-of-UBM
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Informa has reported broad-based growth in its largest division, Informa Markets, for the six months to 30 June 2019. The strategy to build international scale within attractive, specialist B2B markets continues to deliver consistent and attractive revenue growth, the company states and remains confident of meeting its 4.5%+ underlying revenue growth target for the year. The group reports a revenue growth of +47.1% (+3.4% underlying), with a full period of UBM. The 2019 H1 revenue overall figure was put at £1,407.6m compared with £957.1m for the same period in 2018. Stephen A. Carter, Group Chief Executive, sums up: "A year on from the acquisition of UBM, the enlarged Informa Group is performing to plan, delivering a further period of growth in revenue, adjusted operating profit, free cash flow and dividends." The international portfolio now encompasses more than 550 B2B brands, with around 40% of the revenue coming from North America, 30% from Asia and 10% from the Middle East.

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Practice | Markets | Informa | UBM | Informa Markets | Revenue | Report