Informa (GB:INF) has released an update.
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Informa PLC has reported a robust performance in the first half of 2024, with an 18.8% increase in underlying operating profit and an 11% rise in revenue, prompting an uplift in full year guidance. Additionally, the company has made a strategic cash offer to acquire Ascential plc and has seen its credit rating upgraded thanks to its strengthened balance sheet. Shareholders have benefited from consistent dividend growth and substantial share buybacks, reflecting the company’s strong cash generation and ongoing commitment to delivering shareholder value.
For further insights into GB:INF stock, check out TipRanks’ Stock Analysis page.
