IHS Updates 2013 Financial Guidance

  IHS Updates 2013 Financial Guidance

Business Wire

ENGLEWOOD, Colo. -- April 10, 2013

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

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.

Management uses these non-GAAP measures in its operational and financial
decision-making, believing that it is useful to exclude certain items in order
to focus on what it deems to be a more reliable indicator of ongoing operating
performance and our ability to generate cash flow from operations. As a
result, internal management reports used during monthly operating reviews
feature the Adjusted EBITDA and Adjusted earnings per diluted share metrics.
Management also believes that investors may find non-GAAP financial measures
useful for the same reasons, although investors are cautioned that non-GAAP
financial measures are not a substitute for GAAP disclosures. EBITDA, Adjusted
EBITDA, and Adjusted earnings per diluted share are also used by many of our
investors, research analysts, investment bankers, and lenders to assess our
operating performance. For example, a measure similar to Adjusted EBITDA is
required by the lenders under our term loan and revolving credit agreement.

Because not all companies use identical calculations, our presentation of
non-GAAP financial measures may not be comparable to other similarly-titled
measures of other companies. However, these measures can still be useful in
evaluating our performance against our peer companies because management
believes the measures provide users with valuable insight into key components
of GAAP financial disclosures. For example, a company with greater GAAP net
income may not be as appealing to investors if its net income is more heavily
comprised of gains on asset sales. Likewise, excluding the effects of interest
income and expense moderates the impact of a company's capital structure on
its performance.

IHS Forward-Looking Statements:

This release may contain forward-looking statements as defined in the Private
Securities Litigation Reform Act of 1995. Forward-looking statements are
statements that are not historical facts. Such statements may include
financial projections and estimates and their underlying assumptions,
statements regarding plans, objectives and expectations with respect to future
operations, products and services, and statements regarding future
performance. Forward-looking statements are generally identified by the words
"expect," "anticipate," "believe," "intend," "estimate," "plan" and similar
expressions. Although IHS and its management believe that the expectations
reflected in such forward-looking statements are reasonable, investors are
cautioned that forward-looking information and statements are subject to
various risks and uncertainties—many of which are difficult to predict and
generally beyond the control of IHS—that could cause actual results and
developments to differ materially from those expressed in, or implied or
projected by, the forward-looking information and statements. These risks and
uncertainties include those discussed or identified by IHS from time to time
in its public filings. Other than as required by applicable law, IHS does not
undertake any obligation to update or revise any forward-looking information
or statements. Please consult our public filings at www.sec.gov or

IHS is a registered trademark of IHS Inc. All other company and product names
may be trademarks of their respective owners. © 2013 IHS Inc. All rights


IHS Inc.
News Media:
Dan Wilinsky, +1-303-397-2468
Investor Relations:
Andy Schulz, +1-303-397-2969
Press spacebar to pause and continue. Press esc to stop.