London, 10th January: This week, London-listed Informa PLC released its full year trading update for 2023. Revenue is expected to be over £3.17 billion (US$4.03 billion), representing an underlying growth of 30%. Adjusted operating profit will be about £845 million (US$1.08 billion).

Informa Markets, Informa Connect and Informa Tech all performed well in 2023, with 40% aggregate underlying revenue growth and management is targeting high single digit growth in 2024. Specifically, in 2024, the company expects revenue of between £3.43 billion (US$4.36 billion) and £3.48 billion (US$4.42 billion). Adjusted operating profit is expected to be between £945 million (US$1.20 billion) and £965 million (US$1.23 billion).