London, 25th July: London-based Informa plc announced its results for the six months ended 30th June 2018. Revenues in that six-month period were £957 million (US$1.26 billion) with underlying growth of 4.3%. Adjusted operating profit recorded growth of 1.9%, reaching £294 million (US$389 million).
The pro forma performance of UBM’s business was in line with expectations. Revenues were £445 million (US$586 million), with 1.1% of underlying growth. Strong sectors included Pharma, Technology and Food & Hospitality. Informa also announced the launch of its “Accelerated Integration Plan” (AIP). This is a one-year phased programme designed to efficiently facilitate the combination of Informa and UBM.