Latest Results

Results for the 12 months ended March 31st 2024:

  • The Group’s revenue of £367.0m was down 3% compared with the prior year at actual exchange rates and was flat at constant currency

  • Operating profit was £47.4m, 12% higher than the prior year and 14% higher at constant currency. Operating expenses declined and a more stable US dollar exchange rate reduced the charge from foreign exchange

  • Subscriber numbers at The Economist were 1,220,000, a 3% increase over last year

  • Digital subscriptions for The Economist grew by 13%, accounting for 86% of new starts for the year

  • Economist Impact revenues decreased by 16% due to challenging market conditions which affected advertising and research sales

  • Economist Impact's 136 in-person, virtual and hybrid events attracted 35,000 attendees and 571 client sponsorships, delivering margin growth for a third consecutive year

  • Economist Intelligence’s revenue decreased by 3% at actual exchange rates but increased by 1% at constant currency. EIU subscription revenues increased strongly and were partially offset by a reduction in consulting revenue from Clearstate

  • In its third year, Economist Education further expanded its executive-education course offerings and saw enrollment increase to over 2000 students from more than 100 countries

  • The Group’s annual greenhouse-gas emissions have decreased 30% since base year 2020

Results for the six months ended September 30th 2023:

  • Half-year revenue for the Group was £178.7m

  • Revenue was in line with the prior year at actual exchange rates and grew by 1% at constant currency

  • The Group’s half-year operating profit of £23.5m was an increase of 17% on the first half of the year. This is in line with the prior year on an underlying basis

  • The Economist subscriber volumes remained steady at 1.158m 

  • More people choose digital than ever before, with 61% of Economist subscriptions digital-only compared with 56% in the prior period 

  • Economist Impact’s revenue fell this half-year, reflecting last year’s decline in sales of new business. This was partially offset by the fact that the Economist Impact Events business has performed well

  • Economist Impact’s EuroFinance International Event in Barcelona generated record revenues with over 2,200 attendees and 100 sponsors and exhibitors

  • Economist Intelligence has seen revenues fall slightly, reflecting a dip in sales for its Clearstate medtech business

  • Economist Education continued to grow its offer with its new Data storytelling and visualisation course

Previous Results

AGM and shareholder calls

Date Event
Jul 9th 2024 AGM
Sep 2024 Shareholder call (date tbc)
Dec 2024 Shareholder call (date tbc)
Mar 2025 Shareholder call (date tbc)

For access to shareholder calls, email us.

UK Pension Plan