Informa (INF) Q4 2025 TU earnings summary

Executive summary

• Achieved strong trading in 2025, with double-digit growth in both revenues and earnings, driven by robust performance in Live B2B Events and academic markets.

• Launched a new partnership with Dubai World Trade Centre, establishing Informa International (inD) as a separate operating business.

• Recognized as one of Britain's Most Admired Companies, reflecting sustained operational and reputational progress.

Financial highlights

• 2025 group revenues expected to exceed £4.0bn, representing 12.5%+ year-on-year reported growth and 6.25%± underlying growth.

• Adjusted EPS projected at 55.5p+, up 10.5% to 11% year-on-year, and 15%+ excluding FX and non-recurring contracts.

• Adjusted free cash flow anticipated at £860m+, supporting ongoing investment and growth initiatives.

Outlook and guidance

• 2026 underlying revenue growth guidance raised to 6%±, with B2B Events targeting 7%+ underlying growth.

• Targeting a sixth consecutive year of double-digit underlying adjusted EPS growth, excluding FX and non-recurring items.

• Early 2026 trading shows strong visibility, with £1.5bn± of booked/committed revenues.