Informa reported very sound FY9 results, with revenues up +3.5% organically, a very solid 32.3% margin, adjusted EPS was 51.3p (+4.3%) and the final dividend is raised by 7.4% (total dividend: +7.3%). Conversely, and unsurprisingly, there is no guidance for FY20e due to the impact of the coronavirus on the events business. At this stage, a Postponement Programme has been put in place, shifting the events calendar to later dates in 2020… Our model is under review to adjust our forecasts
16 Mar 2020
Solid FY19 overshadowed by current lack of visibility on events...
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Solid FY19 overshadowed by current lack of visibility on events...
Informa Plc (INF:LON) | 780 -56.1 (-0.9%) | Mkt Cap: 10,637m
- Published:
16 Mar 2020 -
Author:
Véronique Cabioc'h -
Pages:
3
Informa reported very sound FY9 results, with revenues up +3.5% organically, a very solid 32.3% margin, adjusted EPS was 51.3p (+4.3%) and the final dividend is raised by 7.4% (total dividend: +7.3%). Conversely, and unsurprisingly, there is no guidance for FY20e due to the impact of the coronavirus on the events business. At this stage, a Postponement Programme has been put in place, shifting the events calendar to later dates in 2020… Our model is under review to adjust our forecasts