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UK events, exhibitions and B2B information/publishing group organizing trade shows and providing specialist data and academic publishing.
UK events, exhibitions and B2B information/publishing group organizing trade shows and providing specialist data and academic publishing.
Exhibitors pay for stand space and visitors for tickets, usually booked well ahead and repeating each year, while the academic publishing side earns from library subscriptions and from fees authors pay to publish open-access. Merging with UBM in 2018 made exhibitions the larger arm.
In one line: A UK trade-show/events operator combined with a smaller Wiley.
Moat: narrow (brand, installed base, network effects). Long-running flagship trade shows and journals have entrenched brand loyalty from repeat exhibitors and authors.
Headquarters: London, UK · Founded: 1998 · Employees: 14,052
Size Informa (INF.L) is a United Kingdom Information Technology company (Internet Software/Services) with a market value of $15.3B, the 41st largest of 363 United Kingdom companies the cockpit tracks. Shares closed at £836.80 on 6 Nov 2026.
Performance Over six months the shares gained 5.3%, against +18.8% for the median peer and +3.6% for the United Kingdom market (cap-weighted) — 6th lowest of 16 in its peer set.
Growth Revenue grew 4.5% over the last twelve months (peer median +7.9%); the operating margin is 18.7% (peer median 31.5%).
Valuation It trades at 15.5× forward earnings against a peer median of 25.4× (5th cheapest of 17).
Price implies For today's price to make sense, revenue must grow about 15% a year for seven years (Req g). Recent delivered growth is +19%, so the hurdle is -4 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 4.6 points below its cost of capital (10.0% WACC).
Credit Informa has 6 bonds outstanding ($3.84B), rated BBB by the agencies and trading like BBB- at a weighted spread of 125 bp.
Next results Next results expected around 11 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | £4.07B | £4.04B | £3.55B | £3.19B | £2.26B |
| Revenue growth | — | +14% | +11% | +41% | — |
| Gross profit | £760M | £1.09B | £948M | £772M | £391M |
| EBITDA | £1.21B | £1.24B | £1.09B | £936M | £571M |
| Net income | £221M | £11.0M | £298M | £419M | -£109M |
| Free cash flow | £835M | £868M | £786M | £642M | £484M |
| Capital expenditure | £127M | £108M | £108M | £117M | £77.3M |
| Total debt | n/a | £3.48B | £3.49B | £1.78B | £2.21B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Informa INF.L | $15.3B | +5% | +5% | 19% | 15.5× | 15.4% |
| Relx REL.L | $70.4B | +23% | +2% | 32% | 21.3× | 1.8% |
| Clarivate CLVT | $1.50B | -16% | -9% | 8% | 3.8× | 13.4% |
| John Wiley & Sons WLY | $2.55B | +21% | 0% | 18% | 10.5× | 0.3% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | INF.L | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -6.1% | +9.8% | 2nd lowest of 17 |
| 6-month return | +5.3% | +18.8% | 6th lowest of 16 |
| Distance from 52-week high | -16.3% | -25.0% | 8th highest of 17 |
| Revenue growth (TTM) | +4.5% | +7.9% | 6th lowest of 17 |
| Operating margin | 18.7% | 31.5% | 5th lowest of 17 |
| Forward P/E | 15.5× | 25.4× | 5th cheapest of 17 |
| Growth the price implies (Req g, 7 yrs) | 15.4% | 11.2% | 4th most demanding of 15 |
| Growth delivered (Del g) | +19.5% | +11.3% | 4th highest of 15 |
| Hurdle (Req g minus delivered) | -4.1 pp | -3.5 pp | 7th least demanding of 15 |
| ROIC minus cost of capital | -4.6 pp | +1.0 pp | 4th lowest of 14 |
| EV / EBITDA | 12.9× | 16.8× | 5th cheapest of 12 |
| Net debt / EBITDA | 2.5× | 1.1× | 2nd most indebted of 13 |
| Bond spread | 125 bp | n/a | — |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Informa INF.L | United Kingdom | $15.3B | +5% | +5% | 19% | 15.5× | 15.4% | +19.5% |
| Check Point Software Technologies CHKP | United States | $14.7B | +25% | +3% | 28% | 13.4× | -1.7% | +5.7% |
| Gartner IT | United States | $12.0B | +20% | 0% | 19% | 11.8× | -4.0% | +9.6% |
| Wolters Kluwer WKL.AS | Netherlands | $22.0B | +54% | 0% | 26% | 15.9× | -3.0% | +5.9% |
| Mango Excellent Media 300413.SZ | China | $9.77B | +79% | +10% | -3% | 143.0× | 13.1% | -0.3% |
| Verisign VRSN | United States | $27.7B | +7% | +6% | 68% | 28.4× | 14.5% | +5.5% |
| Info Edge India NAUKRI.NS | India | $8.18B | +21% | +13% | 34% | 59.6× | 51.8% | +23.8% |
| Scout24 G24.DE | Germany | $6.99B | +19% | +16% | 49% | 22.3× | 10.3% | +12.9% |
| CAR CAR.AX | Australia | $6.85B | -3% | +6% | 38% | 28.5× | 21.8% | +24.0% |
| Mobility Global MBGL | United States | $5.79B | n/a | +8% | 51% | 13.2× | -6.0% | +8.5% |
| Autotrader AUTO.L | United Kingdom | $5.68B | +12% | +4% | 62% | 14.3× | -0.7% | +18.9% |
| Rightmove RMV.L | United Kingdom | $5.38B | +35% | +7% | 66% | 18.1× | 11.6% | +15.6% |
| East Money Information 300059.SZ | China | $44.5B | -8% | +16% | 76% | 19.7× | 15.1% | +18.0% |
| Braze BRZE | United States | $5.20B | +111% | +27% | -13% | 57.1× | 27.9% | +37.5% |
| Vend Marketplaces VEND.OL | Norway | $5.11B | -4% | -14% | 29% | 35.2× | 10.7% | -13.2% |
| PB Fintech POLICYBZR.NS | India | $4.74B | -43% | +37% | 7% | 41.0× | n/a | n/a |
| AUTO1 AG1.DE | Germany | $4.34B | -14% | +21% | 1% | 29.2× | n/a | n/a |
Informa has 6 bonds outstanding with $3.84B face value. The agencies rate it BBB; its bonds trade like BBB-. Weighted yield 4.27%, a spread of 125 bp over government bonds.