IHS Updates 2013 Financial Guidance

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Wednesday, April 10th 2013
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IHS Inc. (NYSE: IHS), the leading global source of information and analytics, is updating its 2013 financial guidance for the Fekete acquisition announced earlier this week and for the planned divestiture of a small, under-performing non-core asset. The company plans to publicly update its earnings guidance during its previously announced Investor Day presentation to be made today, April 10, 2013.

For the year ending November 30, 2013, IHS expects:

  • All-in revenue in a range of $1.66 to $1.73 billion, including an overall organic growth rate expected to be between 5-7 percent at the midpoint
  • All-in Adjusted EBITDA in a range of $540 to $582 million
  • Adjusted EPS between $4.23 to $4.43 per diluted share
  • Fully diluted shares to be approximately 67 million

This updated guidance assumes no adjustment to currency rates since our last earnings release on March 21, 2013.

The above outlook assumes no further acquisitions, divestitures, pension mark-to-market adjustments or unanticipated events. See discussion of non-GAAP financial measures at the end of this release.

To listen to the meeting and view the presentations via webcast, log on to investor.ihs.com by 11:45 a.m. EDT on April 10. A replay of the IHS Investor Day webcast will be available approximately two hours after the end of the presentation through the same website link.

About IHS (www.ihs.com)

IHS (NYSE: IHS) is the leading source of information, insight and analytics in critical areas that shape today’s business landscape. Businesses and governments in more than 165 countries around the globe rely on the comprehensive content, expert independent analysis and flexible delivery methods of IHS to make high-impact decisions and develop strategies with speed and confidence. IHS has been in business since 1959 and became a publicly traded company on the New York Stock Exchange in 2005. Headquartered in Englewood, Colorado, USA, IHS employs 6,700 people in 31 countries around the world.

Use of Non-GAAP Financial Measures

Non-GAAP results are presented only as a supplement to the financial statements based on U.S. generally accepted accounting principles (GAAP). The non-GAAP financial information is provided to enhance the reader's understanding of our financial performance, but no non-GAAP measure should be considered in isolation or as a substitute for financial measures calculated in accordance with GAAP.

EBITDA is defined as net income plus or minus net interest, plus provision for income taxes, depreciation and amortization. Adjusted EBITDA further excludes primarily non-cash items and other items that management does not consider to be useful in assessing our operating performance (e.g., stock-based compensation expense, acquisition-related costs, restructuring charges, income or loss from discontinued operations, pension settlement and mark-to-market adjustments, and gain or loss on sale of assets). Adjusted earnings per diluted share exclude similar items as Adjusted EBITDA. None of these non-GAAP financial measures are recognized terms under GAAP and do not purport to be an alternative to net income as an indicator of operating performance or any other GAAP measure.

Contacts

IHS Inc.
News Media:
Dan Wilinsky, +1-303-397-2468
dan.wilinsky@ihs.com
or
Investor Relations:
Andy Schulz, +1-303-397-2969
andy.schulz@ihs.com

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