WIL.GB Wilmington Plc

TIDMWIL

RNS Number : 7125E

Wilmington PLC

15 March 2022

15 March 2022

Wilmington plc

Trading impact of face-to-face events

Wilmington plc, (LSE: WIL 'Wilmington', 'the Group') the provider of data, information, education and training in the global Governance, Risk and Compliance markets, confirms that the Group's major face-to-face event in the US - Rise National - has successfully taken place and therefore its profitability in FY22 is now expected to be at least 10% above market consensus expectations(1) .

As Wilmington stated in its interims results on 21 February 2022 trading in the current financial year to 30 June 2022 was already ahead of its earlier expectations excluding this event.

Mark Milner, Chief Executive Officer, commented:

"We are delighted that Rise National has successfully returned to being a face-to-face event. This major event and the more general return of face-to-face events is a further cash generative boost to our profitability in the current financial year and beyond."

(1) Consensus for the year ending 30 June 2022 is adjusted profit before tax of GBP18.05m within a range of GBP18.0 million to GBP18.1 million

The information contained within this announcement is deemed to constitute inside information as stipulated under the UK version of Market Abuse Regulation (EU) No. 596/2014, as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018. Upon the publication of this announcement this inside information is now considered to be in the public domain.

For further information, contact:

 
    Wilmington plc 
     Mark Milner, Chief Executive Officer        020 7422 6800 
     Guy Millward, Chief Financial Officer 
 
     Meare Consulting 
     Adrian Duffield                              07990 858548 
 

Notes to Editors

Wilmington plc is the recognised knowledge leader and partner of choice for data, information, education and training in the global Governance, Risk and Compliance (GRC) markets. Wilmington employs close to 1,000 people and sells to around 120 countries. Wilmington is listed on the main market of the London Stock Exchange.

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

TSTUSSSRUVUOAAR

(END) Dow Jones Newswires

March 15, 2022 03:00 ET (07:00 GMT)

Grafico Azioni Wilmington (AQSE:WIL.GB)
Storico
Da Nov 2024 a Dic 2024

Grafico Azioni Wilmington (AQSE:WIL.GB)
Storico
Da Dic 2023 a Dic 2024