Informa plc Interim Results 2007

Released : 30 August 2007

Strong Performance Across the Board

Unaudited Interim Report for the Six Months Ended 30 June 2007

¹Adjusted for material acquisitions and effects of changes in foreign currency exchange rates. This also adjusts for the reduction in revenue of £18m in 2007 from the new 3GSM contract and the impact of the quadrennial IPEX exhibition which contributed £21m to 2006 revenues. The related adjusted operating profit impact for 3GSM was £nil and for IPEX was £7.7m.
² Excludes restructuring and reorganisation costs of £nil (2006: £2.9m), and intangible asset amortisation of £41.1m (2006: £41.8m).
³ Excludes restructuring and reorganisation costs of £nil (2006: £2.9m), intangible asset amortisation of £41.1m (2006: £41.8m) and Blackwell’s profits of £33.4m (2006: £nil).
⁴ Excludes restructuring and reorganisation costs of £nil (2006: £2.9m), intangible asset amortisation of £41.1m (2006: £41.8m), Blackwells’ profits of £33.4m (2006: £nil) and related tax of £5.0m (2006: £13.0m).
⁵ Adjusted cash generated by operations (note 10 of the financial statements) divided by adjusted operating profit.

Highlights of 2007

• Strong trading across all three divisions (Academic & Scientific, Professional and Commercial) and three business streams (Publishing, PI and Events)
• Pro forma constant currency revenue up 10%
• Pro forma constant currency adjusted operating profit up 24%
• Adjusted operating margin rises to 21.8% with all divisions reporting increases
• Dividend up 70% in line with new policy
• Adjusted diluted EPS up 17%
• Datamonitor acquisition complete
• Confident of 2007 outlook

Commenting on the results and the Group’s progress, Peter Rigby, Chief Executive, said:

“The need for quality information, and the value people place on it, is growing. We are seeing good demand for our products and services across all formats and are benefiting from additional revenue growth by connecting formats, markets and territories. This has resulted in a strong first half and we are confident of another successful full year for Informa.”

Enquiries:

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