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Informa trading update predicts gradual return of physical events rather than ‘full rebound’ The world’s largest exhibitions group Informa plc, in a 6 January update on trading ahead of its 2020 full-year results on 22 April 2021, has forecast a 70% drop in profit and is scheduling 90% of its physical events outside mainland China to run only from June 2021. The group acknowledged minimal major physical events activity had returned in 2020 outside of China. The group’s revenue return for 2020 was expected to be in the range of £1.65bn (US$2.25bn)-£1.68bn and group adjusted operating...

6 January 2021 | 09:00am StockMarketWire.com - The FTSE 100 made moderate gains this morning, continuing its strong start to 2021 as the UK undertakes its massive Covid-19 vaccine rollout. Markets also reacted to news that the Democrats were close to full control of the levers of government in the US after Senate run-off elections in the US. High-street bakery chain Greggs estimated annual losses of up to £15 million and forecast that profit would not return to pre-COVID levels until 2022 at the earliest owing to the ongoing impact of the Covid-19 pandemic. Over the fourth quarter, sales...

Vaccines give Informa confidence that events will return in 2021 Chief executive Stephen Carter said Informa will focus more on digital technology going forward (Informa/PA) Informa has said it has continued confidence that physical events will return through 2021 in North America and Europe. The events organiser said that the rollout of the Covid-19 vaccines was one of the things which made bosses think that people could start meeting up again for conferences. The physical events sector has continued to recover in mainland China – the area where it was worst hit at the very beginning of th...

Provided by Dow Jones By Lina Saigol Informa plans deeper use of digital events post-pandemic Shares in Informa rose almost 2% on Wednesday, after the world's biggest exhibition operator said that 2021 is likely to be a year of "return of physical events," as hopes of COVID-19 vaccines spark a recovery in consumer confidence. FTSE 100-listed Informa said in a trading statement (link) that it had extended the postponement for physical events outside of mainland China to late spring, but added that 90% of non-Chinese exhibitions planned in the year are now schedul...

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