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………… .. informa Informa PLC Press Release 17 November 2021 Trading Statement & Board Update 2021-2022 : Improving Revenues , Profits and Cashflow 2021-2024 : Growth Acceleration Plan II ( GAP II ) Informa ( LSE : INF.L ) , the B2B Markets , Knowledge Services and Business Information Group today issued its November Trading Statement and a Board Update . Key Highlights ● ● ● Informa LEI : 5493006VM2LKUPSEDU20 2021 Guidance re - confirmed ... Group trading continues to improve year - on - year , with 2021 Group guidance re - confirmed at Group Revenue of £ 1,800m + and adjusted Operating Profit of £ 375m + ; Growth Acceleration ... Investment and focus delivered by the 2014-2017 Growth Acceleration Plan ( " GAP I ) continues to underpin improving performances by both Subscriptions - led businesses , with 10 - month underlying revenue growth of c.6 % at Informa Intelligence and 2.5 % at Taylor & Francis ; Full year growth expectations raised to c.6 % for Informa Intelligence , with the expectation this will rise to 6 % + in 2022 ; Unlocking value ... Divestment of Barbour ABI and Asset Intelligence confirmed today , following on from the divestment of Barbour EHS earlier this year ; Average EV / EBITDA multiple of 16x and total divestment cash proceeds of c . £ 275m ; Growing Confidence ... More than 250 face - to - face / smart events held so far , with trends in participation , performance and re - bookings steadily improving as the year progresses ; Informa Markets , Informa Connect and Informa Tech combined are tracking to over 20 % underlying revenue growth from April to year - end ( Q1 2020 traded normally pre - COVID ) and 7 % ± across the full year ; Data & Digital ... Continuing growth in B2B digital , underpinned by investment in IIRIS , the Informa B2B customer data engine . GAP // will deepen our capabilities in data management , expanding our position in Smart Events and Audience Development , and further enhancing our capabilities in Digital Demand Generation ; Cash flow strength ... Since the onset of the pandemic , Informa has prioritised operating cash flow , cash conversion and cash conservation as key operating measures for each business . In 2020 , the worst year of COVID , we set an ambitious target to be cash flow positive on a monthly basis from January 2021. We achieved this and are tracking well ahead , with £ 325m + Free Cash Flow now expected in 2021 ( excluding divestment proceeds ) ; Board Appointment and Confirmation of Senior Independent Director ... Zheng Yin ( Executive Vice President China , Schneider Electric ) appointed Non - Executive Director and Mary McDowell becomes Senior Independent Director . Capital Markets Day ... Informa's Capital Markets Day will take place at 1pm GMT / 8am EST on 7 December , focusing on the 2021-2024 GAP II programme . Stephen A. Carter , Group Chief Executive , Informa PLC , said : " We will complete the 2021 Transition Year in a stronger place than we anticipated at the start of the year and are now single - mindedly focused on growth and acceleration through to 2024. " He added : " The commitment of our Colleagues , the consistent engagement with customers , constructive support of Shareholders , tight cash management and the underlying quality of our portfolio have served us extremely well over the past 22 challenging months , enabling us to embark on our 2021-2024 GAP Il programme from a position of strength . " 1 Informa PLC | Trading Statement & Board Update informa.com