logo
Plus   Neg
Share
Email

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
Lake Champlain Chocolates or LCC has recalled select LCC milk chocolate products citing the possible presence of foreign objects, mainly brittle plastic pieces, according to the U.S. Food and Drug Administration. The affected products include Hazelnut Five Star Bar; Fruit & Nut Five Star Bar; Almond Five Star Bar; Granola Five Star Bar... A public health alert has been issued for ready-to-eat or RTE beef jerky products by the U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS. The warning is given due to misbranding and the presence of undeclared anchovies, a known allergen. A recall was not requested because the products are not currently available for sale to consumers. General Electric Co. filed a lawsuit against Siemens Energy AG, accusing the German power distribution company of stealing trade secrets for gas turbines. Siemens Energy allegedly used the information to get at least nine contracts to supply gas turbines to public utilities, and also covered up improper business gains.
RELATED NEWS
Follow RTT