Informa reaffirms annual guidance

(Sharecast News) - Events and digital services group Informa on Tuesday reaffirmed its recently upgraded full-year guidance and said strong forward booking were providing momentum into 2025. The company forecast double-digit underlying revenue growth; updating for the now completed Ascential acquisition and currency movements which would take full year group Revenue guidance to at least £3.5bn and adjusted operating profit to £975m.

Free cash flow was lifted to at least £750m after a strong performance on operating cash conversion.

Reporting by Frank Prenesti for Sharecast.com