(Reuters) -Informa, the UK events and academic publishing group, said on Thursday it expects double-digit percentage earnings growth in 2025, having reported an 11.6% rise in 2024 underlying revenue.
Over the past two years, the events sector has experienced a rebound, with a notable resurgence in in-person business conferences and exhibitions, after the pandemic-induced disruptions.
Informa, the world’s largest exhibition group, said it expects double-digit percentage growth in group revenue and adjusted diluted earnings per share, including reported revenues of more than 4.1 billion pounds ($5.29 billion) in 2025.
For 2024, revenue came in at 3.55 billion pounds and it logged an adjusted operating profit of 995 million pounds, higher than the 975 million pounds it had forecast.
Informa also said it is restarting share buybacks with an initial minimum target of more than 200 million pounds in 2025.
($1 = 0.7744 pounds)
(Reporting by Raechel Thankam Job and Chandini Monnappa in Bengaluru; Editing by Mrigank Dhaniwala and Eileen Soreng)
