Informa (INF) Q3 2026 TU earnings summary

Executive summary

• Nine-month underlying revenue growth was 6.5% excluding non-recurring data contracts; full-year guidance for double-digit underlying adjusted diluted EPS growth was reaffirmed.

• Despite Middle East disruption, international breadth and operating flexibility supported performance; absent further KSA contribution in 2026, revenue growth tracks to 3% ± while double-digit underlying earnings growth remains expected.

Financial highlights

• Underlying revenue growth was 6.5% for the nine months to 30 September, or 5.4% when non-recurring data contracts are included in the 9M 2025 comparison.

• Full-year underlying adjusted diluted EPS growth guidance remains double digit; the measure is at constant FX, adjusted for biennials and non-recurring data contracts, against a 2025 base of 49p.

Outlook and guidance

• Full-year revenue guidance remains 6% ± underlying growth under the current outlook; assuming no further 2026 contribution from KSA, revenue growth tracks to 3% ±.

• Double-digit underlying earnings growth remains expected assuming no further KSA contribution, excluding in-year dilution from the Clarion acquisition share issuance.

• Clarion Events completion is expected within the first two weeks of December; it is expected to join the portfolio for 2027.