Updates

Informa - Disposal of corporate training boosts quality of earnings

October 2013

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The disposal of Informa's five corporate training businesses for an initial US$165m, implying a healthy valuation of 7* operating profit, represents useful progress in eliminating the weakest part of its business, which sat oddly within its events division and had endured a tough time during the downturn. As a result investors weren't too perturbed by Informa's quiet performance for the six months to 30 June, which showed a 2.7% increase in operating profit to Â£162m and 5% jump in eps to 18.9p. In Academic Information, which publishes the Taylor & Francis, Routledge and CRC imprints and supplies 87,000 books and 1,676 journals to universities and libraries, revenues rose 7% to Â£65m and profits 5.5% to Â£54m. Growth ca ...

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Walker Green bank

Elementis

Informa - â€œGrowth acceleration planâ€ triggers share spike (May 2015)

Informa - Eyes further deals (May 2014)

Informa - Business publishing and events firm looks set for re-rating (April 2013)

Informa - Net debt falls again (September 2012)

Informa - Falling debt should lead to re-rating (April 2012)

Informa - High quality publishing and events company on low PE (December 2011)

Informa - Blue chip publisher and events organiser looks good value (November 2011)

Informa (October 2010)

Informa (June 2010)

Informa - Gains now exceed 150% (April 2010)

Informa - Aborts Springer aquisition (January 2010)

Informa - Smaller events closed to protect margins (September 2009)

Informa - Rights issue resolves funding concerns (June 2009)

Informa - Beats forecast (May 2009)

Informa - Shares rally after positive update (February 2009)

Informa - Publisher and events organiser on give-away price to sales ratio of 0.69 (December 2008)

Informa - Proposed merger with Taylor & Francis (April 2004)

Informa - Acquires PJB for £120m (February 2004)

Informa - Leader in business publishing and conferences hunting for acquisitions (November 2003)

Informa - Shares recover after Iraq war ends (July 2003)

Informa (November 2002)

Informa - Prospective PE just 11.8 (August 2002)

Informa - 73% gain in 5 months (April 2002)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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