Informa IMS Q3 2013

InformaInforma said that its full year expectations remain unchanged after adjusted organic revenue growth of 1.1% in the nine months ended September 30th.

Informa plc is releasing an interim management statement providing an update on the performance and financial position of the Group since the half year ended 30 June 2013 based on the results for the nine months ended 30 September with comments reflecting trading up until the date of this release.

Highlights
Group nine-month organic revenue growth of 1.1%, adjusted for Formobile biennial
Academic Information performance good, but boosted by timing benefits
Gradual improvement in underlying PCI quarterly revenue trend
Events growth in line with expectations, distorted by biennial phasing
Disposal of Corporate Training completed and $100m cash received
Full year expectations unchanged

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