Plus   Neg

Informa H1 Pretax Profit Rises - Quick Facts

Informa (INF.L) said the enlarged Group is performing to plan, delivering a further period of growth in revenue, adjusted operating profit, free cash flow and dividends. The Advanced Learning businesses remain resilient, and Data, Information and Communities businesses are performing well. The company is on track to deliver its targets for 2019.

First-half pretax profit improved to 232.8 million pounds from 118.7 million pounds, prior year. Earnings per share was 14.5 pence compared to 10.2 pence. Adjusted profit before tax increased to 377.8 million pounds from 264.7 million pounds. Adjusted earnings per share was 23.2 pence compared to 24.6 pence.

First-half revenue improved to 1.41 billion pounds from 957.1 million pounds, last year.

The Board has recommended an interim dividend of 7.55 pence per share representing a 7.1% increase on the interim dividend in the prior period. The interim dividend will be paid on 13 September 2019 to ordinary shareholders registered as at the close of business on 9 August 2019.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
The U.S. Securities and Exchange Commission is investigating the circumstances around Eastman Kodak Co.'s (KODK) announcement of a $765 million government loan to make ingredients for Covid-19 drugs, the Wall Street Journal reported citing people familiar with the matter. The National Retail Federation or NRF said that conflicting economic data amid a resurgence in coronavirus cases has made it difficult to predict how steadily the U.S. economic recovery will continue. NRF Chief Economist Jack Kleinhenz noted that based on quarterly and monthly data, the U.S. economic recovery is continuing despite the elevated COVID-19 cases. Ford Motor Company (F) announced that Jim Hackett plans to retire as President and CEO. He will continue as a special advisor to the company through March of 2021. The company has named Jim Farley as new president and CEO. He will join the board of directors, effective Oct. 1. Farley joined Ford in...
Follow RTT