Business publisher Informa has announced that it is on the acquisitions trail and is looking to buy more specialist digital publishers.

The group, which publishes journals, data products, magazines, and newspapers, including daily shipping title Lloyd's List, makes almost three quarters of its publishing revenue online and is looking for "content-rich" businesses to buy.

Informa's 2010 full-year results, published this morning, show stable revenues at £1.23 billion and a slight increase in operating profit at £313.2 million.

Its business-to-business publishing division made 74 per cent of its revenue from subscriptions and reported an 87 per cent renewal rate. The group said the prospects remain encouraging for 2011.

On possible acquisitions, Informa said: "We will look at assets which are digital or have digital potential, are content rich, have proprietorial information with high levels of repeat business and events with geo-expansion opportunities and a high quality of earnings."

Chief executive Peter Rigby said in today's earnings release: "In 2010, we were particularly pleased with the expansion of our digital delivery and our growth in emerging markets.

"After the economic difficulties experienced over the last two years, the group is in a strong place to deliver organic growth. We are investing in new products, recruiting and enhancing our sales teams.

"The year has started well, in line with our expectations, with encouraging performances from some of our biggest events. I am excited about the next 12 months and expect Informa to deliver a year of progress."

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