Informa


25/03/24 -"On top of the change in our NAV and a positive contribution from our DCF, we have added a discount of 20% to the P/E and EV/EBITDA ratios as well as a 50% discount to the P/Book ratio to ensure ..."

Pages
58
Language
English
Published on
25/03/24
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The target price adjustment is due to the removal of IPG from the peer group, following the delisting from the stock market on 28 November 2025.

10/12/25
The target price adjustment is due to the removal of IPG from the peer group, following the delisting from the stock market on 28 November 2025.

EXECUTIVE SUMMARY

Updates Pension Risks
Target & Opinion Governance & Management
Business & Trends Graphics : Momentum
Money Making Graphics : MACD & Volumes
Debt Graphics : Sensitivities
Valuation Sector: Performance
DCF Sector: Key data
NAV/SOTP Sector: Ratios & Valorisation
Worth knowing Sector: Peers
Financials Sector: Analysis

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