Informa shares climbed after an unscheduled trading statement raised its 2025 adjusted earnings guidance. The publisher now expects EPS of 55.5p, implying 10-15% growth, slightly above its prior forecast. It also launched a new £200 million share buyback, representing 1.7% of its market capitalization.

The company guided for 2025 revenue of around £4 billion, with underlying growth of 6.25%. It targets adjusted free cash flow of £860 million, up from £812 million in 2024. Management noted headwinds from cycling biennial events in 2026, which could reduce revenue by £70 million.

Forward bookings for 2026 remain robust at £1.5 billion. Informa completed a £350 million buyback in 2025 and lifted its 2025 dividend by 10% to 22p. The update confirms a potential sixth straight year of double-digit underlying growth, though 2026 consensus EPS may exceed the company's guidance.