|
Informa PLC on Thursday reported record revenue and adjusted operating profit for 2025, although statutory profit plummeted after an impairment charge. The London-based business information publisher and events organiser’s revenue rose 14% to a ‘record’ £4.04 billion in 2025, with 6.3% underlying growth, from £3.55 billion in 2024. Operating profit fell 74% to £141.7 million from £542.8 million, but adjusted operating profit grew 15% to another record of £1.14 billion from £995.0 million. Informa said the fall in statutory profit was primarily due to a one-off £484.2 million impairment charge in relation to Informa TechTarget. It also reported a £57.6 million fair value loss on investments, widened from £9.2 million, and integration costs of £84.4 million, up from £42.2 million. The integration costs related to the tie-up of its digital businesses with TechTarget, which it completed in December, and its takeover of Ascential in October. Informa reported a pretax loss of £64.3 million, swinging from a £407.3 million profit. Adjusted pretax profit increased 8.8% to £996.1 million from £915.4 million. Diluted earnings per share fell 96% to 0.8 pence from 22.2p, while adjusted DPS rose 11% to 55.6p from 50.1p. Informa declared a full-year dividend of 22.0p per share, up 10% from 20.0p per share. For 2026, Informa said it is targeting underlying revenue growth of around 6%, which is above its medium-term guidance range and ‘expected to translate to a sixth consecutive year of double-digit underlying earnings per share growth’. Informa shares were down 1.9% at 764.40p on Thursday morning in London. Copyright 2026 Alliance News Ltd. All Rights Reserved.
|