2018 HALF-YEAR RESULTS GROWTH CONTINUATION COMBINED WITH - PowerPoint PPT Presentation

2018 HALF-YEAR RESULTS GROWTH CONTINUATION COMBINED WITH ACCELERATED INTEGRATION 25 JULY 2018 WWW.INFORMA.COM

DISCLAIMER This presentation contains forward-looking statements concerning the financial condition, results of operations and businesses of the Group. Although the Group believes that the expectations reflected in such forward-looking statements are reasonable, these statements are not guarantees of future performance and are subject to a number of risks and uncertainties and actual results, performance and events could differ materially from those currently being anticipated, expressed or implied in such forward-looking statements. Factors which may cause future outcomes to differ from those foreseen in forward-looking statements include, but are not limited to, those identified under “Principal Risks and Uncertainties” of the Group’s Annual Report. The forward-looking statements contained in this presentation speak only as of the date of preparation of this presentation and the Group therefore cautions against placing undue reliance on any forward-looking statements. Nothing in this presentation should be construed as a profit forecast. Except as required by any applicable law or regulation, the Group expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained in this presentation to reflect any change in the Group’s expectations or any change in events, conditions or circumstances on which any such statement is based. This presentation does not constitute or form part of any offer or invitation to purchase any securities of any person nor any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any such securities. 2018 HALF YEAR RESULTS JULY 2018 2

STEPHEN A. CARTER GROUP CHIEF EXECUTIVE H1 2018 GROWTH CONTINUATION 2018 HALF-YEAR RESULTS JULY 2018 3

2014-2017 GROWTH ACCELERATION PLAN Growth Acceleration Plan (GAP) GAP GAP GAP GAP GAP GAP Operating Portfolio Acquisition Management Investment Funding Structure Management Strategy Model “ The goal is simple but demanding: progressively to return every part of our business to growth, and simultaneously to build the capabilities ” and platforms needed for future scale and consistent performance. Informa Annual Report 2014 2018 HALF YEAR RESULTS JULY 2018 4

GROWTH CONTINUATION…IN H1 2018 Academic Publishing Global Exhibitions Business Intelligence Knowledge & Networking +3.5% +7.3% +2.4% +0.5% INFORMA GROUP GROWTH Underlying Underlying Earnings Free Cash Dividends Revenue* Profit* Per Share Flow Per Share +4.3% +2.5% +1.9% +4.9% +6.0% 2018 HALF YEAR RESULTS JULY 2018 5 *Underly ing rev enue and prof it exclude UBM

GROWTH CONTINUATION…IN H1 2018 UNDERLYING REVENUE GROWTH (%) 1 ADJUSTED EPS (P) 2 24.6 4.3 4.5 25.0 CAGR Average 24.0 7.4% 2.9% 4.0 3.7 23.0 3.5 21.3 20.6 21.0 3.0 2.5 2.5 18.5 19.0 2.0 1.9 2.0 17.0 1.5 1.0 15.0 H1 2014 H1 2015 H1 2016 H1 2017 H1 2018 H1 2014 H1 2015 H1 2016 H1 2017 H1 2018 PERFORMANCE & DELIVERY 2014 2018 Pro-forma Group Revenue: £1.1bn Group Revenue: £2.7bn+ Group Adjusted Profit: £334m Group Adjusted Profit: £800m+ CONTINUING IMPROVEMENT IN UNDERLYING GROWTH 2018 HALF YEAR RESULTS JULY 2018 6 1 Rev enue growth is Organic (2014-2016) / Underly ing (2017/2018); H1 2018 f igures are based on Inf orma-only results, excluding UBM 2 EPS f igures are adjusted f or impact of 2016 rights issue.

GROWTH CONTINUATION…IN H1 2018 GROWTH Continuing improvement in underlying revenue growth PERFORMANCE Profit and earnings growth despite depreciation and currency headwinds STRONG Free cash flow conversion EFFICIENT Balance sheet gearing at upper end of target range following UBM RETURNS Cash discipline supports progressive dividend payments COMBINATION AIP to bring Informa and UBM together with pace and purpose CONTINUED GOOD OPERATIONAL AND TRADING PERFORMANCES 2018 HALF YEAR RESULTS JULY 2018 7

UPPER LEVEL SPECIALIST ACADEMIC CONTENT REVENUE BY TYPE ACADEMIC PUBLISHING H1 PERFORMANCE AND GROWTH Subscriptions – Improved performance in Books Copy Sales – Operational effectiveness programme H1 2018 – Growth in physical and digital – Consistent high renewals in Journals – Strong performance in Open Access, including Dove – Continued investment in digital discoverability and academic digital services – Currency headwind on profits and margin REVENUE BY SUBJECT 2,700+ 2,000+ £530m HSS - Books Journals Colleagues 2017 FY Revenue HSS - Journals H1 2018 STM - Books 120m+ c. 143k 300+ STM - Journals Annual article Book titles Open Access downloads Journals RESILIENT PERFORMANCE WITH IMPROVED PERFORMANCE IN BOOKS 2018 HALF YEAR RESULTS JULY 2018 8

DIVISIONAL PERFORMANCE AND GROWTH GLOBAL EXHIBITIONS UBM H1 PERFORMANCE AND GROWTH H1 PERFORMANCE AND GROWTH – – Continued strong underlying trading Trading in line with expectations, with improving levels of growth – – Health & Nutrition ( Natural Products Expo, Vitafoods ), 1.1% underlying revenue growth Life Sciences ( Arab Health, Medlab ), Construction & – Events +2.5% and Other Marketing Services -7.6% Real Estate ( World of Concrete, TISE West ), Beauty & – Pharma ( CPhI China, InformEx ), Technology Aesthetics ( China Beauty, Anti-Aging World Congress ) ( Game Developers Conference, Enterprise Connect ), – Customer value initiatives Food & Hospitality ( Hotelex, Food and Hotel Asia ) – Volume expansion and new launches – Continued Fashion underperformance – Rollout of Markit Makr product REVENUE BY TYPE REVENUE BY TYPE Exhibitors Exhibitors Attendee Attendee H1 2018 H1 2018 Advertising & Advertising & Marketing Services Marketing Services Sponsorship Sponsorship CONSISTENT STRONG GROWTH STEADY IMPROVEMENT IN GROWTH 2018 HALF YEAR RESULTS JULY 2018 9

DIVISIONAL PERFORMANCE AND GROWTH BUSINESS INTELLIGENCE KNOWLEDGE & NETWORKING H1 PERFORMANCE AND GROWTH H1 PERFORMANCE AND GROWTH – – Improving levels of growth Steady improvement in growth despite non-renewal of £3m managed events contract in TMT – Consistent subscription renewals around 90% – Finance ( SuperReturn International, Finovate Europe ), – Momentum in Consulting and Marketing Services Life Sciences ( TIDES, Bio Process International Europe ), – Strength in Finance and Pharma verticals TMT ( AI Summit London, Internet of Things US ) – New business pipeline and conversion rates improving – 40 events now generating over £1m each – Continuous reinvestment in platforms and products – Streamlined and focused on brands and markets REVENUE BY TYPE REVENUE BY TYPE Subscriptions Exhibitors Advertising & Advertising & H1 2018 Marketing Services H1 2018 Marketing Services Consulting & Other Attendee Sponsorship IMPROVING LEVELS OF GROWTH IMPROVEMENT IN PERFORMANCE & MIX 2018 HALF YEAR RESULTS JULY 2018 10

CREATION OF NEW INFORMA: BEST OF BOTH International Data NEW INFORMA Scale Strength A leading B2B information services company Vertical Face-to-Face Scale Platforms Specialist Knowledge 2018 HALF YEAR RESULTS JULY 2018 11

2018-2019 ACCELERATED INTEGRATION PLAN Accelerated Integration Plan (AIP) AIP AIP AIP AIP AIP AIP Operating Leadership Progressive Cost & Fashion Brand Model & & Talent Portfolio Revenue GAP Value Verticals Management Synergies A 12-month phased programme of activity to combine Informa and UBM 2018 HALF YEAR RESULTS JULY 2018 12

AIP: 12-MONTH PHASED PROGRAMME OF ACTIVITY PHASE 1 PHASE 2 PHASE 3 PHASE 4 DISCOVERY AMBITION COMBINATION COMPLETION & VALIDATION & CREATION November 2018 August – November 2018 March – July 2019 June – August 2018 – March 2019 • Learn more about each • Finalise new operating • Start to operate as a single, • Introduction of the New other’s businesses and structures and models, and combined business Group’s Purpose & teams start to combine businesses Promise, internally and • Set objectives for 2019 based externally • Continued collaboration • Confirm leadership and on the new Group’s business between senior reporting lines in line with plans • Complete systems management teams these structures integration • Start talking to customers • Regular updates for all • Start formulating plans for about opportunities across • Reap the full benefits of Colleagues 2019 and preparing budgets brands and businesses Combination and as a combined business Creation • Validating approach to • Additional systems and combination • Initial linking and combination platforms integration • Long-term of some tools and technology opportunities and • Providing clarity on obvious • Start shift to new brand platforms ambition for new areas of overlap between architecture Informa Group businesses 2018 HALF YEAR RESULTS JULY 2018 13

GARETH WRIGHT GROUP FINANCE DIRECTOR H1 2018 FINANCIAL PERFORMANCE 2018 HALF-YEAR RESULTS JULY 2018 14