The full report can be downloaded from the Informa website. Commenting on the first half results and future prospects, Peter Rigby (pictured), Chief Executive, said:
“We are pleased with the positive start we have made to the year which shows the strength of our balanced business model, where stable publishing and information revenues complement our more cyclical, operationally geared events and training business.
The quality of our business model, a good start to the year, the Board’s confidence in the Group’s prospects and its inherently strong cash flow underpin the Board’s decision to increase the dividend by 25%.
The economic recovery continues to be uneven both in terms of region and vertical sector. Against this background and alongside the proactive reduction of marginal product, the Group has delivered a noticeably improved result reporting better margins and profits on stable revenues.
While we remain cautious about the economic recovery, we are confident in the resilience, diversity and flexibility of our model and the steps we are taking to improve the business. The steady move towards greater digital delivery of content is further improving the quality of our earnings.
We are making good progress in providing clients with a more integrated content offering and we continue to expand in emerging markets. At the same time, the amount of product development and innovation is gathering pace within the business. Informa is well placed to benefit from a sustained economic recovery and we remain in line with our expectations for the full year.”
