GlobalData PLC Update on FY21 performance and Capital Markets Day (8995X)
10 Janvier 2022 - 8:00AM
UK Regulatory
TIDMDATA
RNS Number : 8995X
GlobalData PLC
10 January 2022
10 January 2022
GlobalData Plc
Update on FY21 performance and Capital Markets Day
Ahead of the full-year results, GlobalData Plc ("GlobalData" or
the "Company", and together with its subsidiaries, the "Group"),
the leading provider of industry intelligence, confirms that it
expects to report another year of strong organic growth driven by
its continued momentum in subscription revenue and further
expansion of EBITDA margin.
For FY21, the Board expects like-for-like organic revenue
growth(1) to be 8%, with currency volatility offsetting some gains
to finish on revenue GBP189m, at an Adjusted EBITDA margin of 34%
(2020: 32%) (which is within the consensus range(2) ). Invoiced
Forward Revenue(3) is expected to finish with like-for-like organic
growth of 9%.
GlobalData's strong organic growth is augmented with the
strategic progress made through M&A in the last quarter of
FY21, with the acquisitions of the Life Sciences business of IHS
Markit, LMCA Holdings Limited and LMCI Holdings Limited. Whilst the
timing of the acquisitions meant that the financial impact on FY21
was immaterial, the strengthening of the Group's capabilities in
the Life Sciences, Automotive and Agribusiness sectors give it
greater scale and opportunity for accelerated momentum in 2022.
The Group also announces that it will be hosting a Capital
Markets Event for institutional investors and analysts on 27
January 2022. Should you wish to wish to attend, please register by
emailing isingh@hudsonsandler.com . No new material financial or
trading information will be disclosed during the event.
The Group will publish its full-year results on 28 February
2022.
Mike Danson, Chief Executive Officer, said:
"I am pleased to report that we expect our FY21 results to
demonstrate further momentum and that we are on track to report
another year of strong revenue growth and Adjusted EBITDA margin
expansion.
Additionally, the two strategic acquisitions that we completed
in the latter part of the year, mean that we enter 2022 with
enhanced scale and additional capabilities. I would like to, again,
take this opportunity to welcome all our new colleagues and I look
forward to presenting our strategic update at the Capital Market
Event on 27 January."
Notes
This announcement contains inside information for the purposes
of Article 7 of the Market Abuse Regulation (EU) 596/2014 which is
part of UK law by virtue of the European Union (Withdrawal) Act
2018. Upon publication of this announcement, this inside
information is now considered to be in the public domain.
(1) Like-for-like organic growth excludes the impact of currency
movements and the benefit of acquisitions in the year.
(2) The company compiled consensus range for the year ended 31
December 2021 (FY21) is GBP188m to GBP190.3m for revenue and
GBP63.5m to GBP64.5m for Adjusted EBITDA.
(3) Invoiced Forward Revenue relates to amounts that are
invoiced to clients at the balance sheet date, which relate to
future revenue to be recognised.
ENQUIRIES:
GlobalData Plc
Mike Danson, Chief Executive Officer
Graham Lilley, Chief Financial Officer 0207 936 6400
Brokers
Bill Hutchings/ Mose Adigun - J.P. Morgan Cazenove
(Nomad and joint broker) 0207 742 4000
Erik Anderson/ Alina Vaskina - Panmure Gordon
(Joint Broker) 020 7886 2500
Hudson Sandler
Nick Lyon 0207 796 4133
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
TSTFIFVELDIILIF
(END) Dow Jones Newswires
January 10, 2022 02:00 ET (07:00 GMT)
Globaldata (LSE:DATA)
Graphique Historique de l'Action
De Juin 2024 à Juil 2024
Globaldata (LSE:DATA)
Graphique Historique de l'Action
De Juil 2023 à Juil 2024