2015 Investor Day and Market Update

RNS Number : 9228F
Informa PLC
18 November 2015
 

Press Release

18 November 2015

 

 

 

 

 

 

Informa PLC

 

2015 Investor Day and Market Update

Annual Investor Day in Washington DC; disposal of Dutch conference businesses confirmed

 

London: Informa (LSE:INF.L), the international Publishing, Events and Business Intelligence Group holds its annual Investor Day in the United States and announces an update on its Portfolio Management strategy.

 

2015 Informa Investor Day

Informa will hold its annual Investor Day on18 November in Washington, DC, to coincide with Greenbuild, one of the Group's major US exhibitions.

 

Group Chief Executive Stephen A. Carter will lead a series of presentations by Senior Management, which will include an update on the progress of the 2014-2017 Growth Acceleration Plan ("GAP") and insight into our two largest Operating Divisions, Academic Publishing and Global Exhibitions, including presentations by the respective divisional management teams.

 

No new trading information will be disclosed at the Investor Day, with current trading remaining in line with the comments made within the Nine-Months Trading Update on 20 October. The Investor Day is not being webcast live but the associated material will be available on the Informa website immediately and a video recording of the presentations thereafter.

 

GAP Portfolio Management update

Separately, the Group reports further progress on its Portfolio Management strategy, today announcing the disposal of its two Dutch conference businesses based in Amsterdam and Eindhoven as well as a small local publishing operation. This follows the recent disposal of its two Scandinavian businesses in Sweden and Denmark, the previous sale of its Consumer Information business and the closure of operations in Johannesburg and Melbourne.

 

These changes further improve the quality of Group earnings, reducing the exposure to non-core and more cyclical income streams, whilst increasing the focus on businesses with recurring and predictable revenue streams, attractive and sustainable levels of profitability and strong cash flow dynamics.

 

Enquiries


Informa PLC

 

Stephen A. Carter, Group Chief Executive

+44 (0) 20 7017 5771

Gareth Wright, Group Finance Director

+44 (0) 20 7017 7096

Richard Menzies-Gow, Director of Investor Relations

+44 (0) 20 3377 3445

StockWell Communications

 

Tim Burt / Zoë Watt

+44 (0) 20 7240 2486

 

Notes to editors

About Informa PLC

Informa operates at the heart of the Knowledge and Information Economy. It is one of the world's leading business intelligence, academic publishing, knowledge and events businesses.

 

With more than 6,500 employees globally, it has a presence in all major geographies, including North America, South America, Asia, Europe, the Middle East and Africa.

 


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