DMGT 2021 Group profit up, but Events & Exhibitions continue to feel pandemic impact
DMGT announces increase in Group profit but Events & Exhibitions division continues to suffer with effects of pandemic.
Source: exhibitionworld.co.uk
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DMGT announces increase in Group profit but Events & Exhibitions division continues to suffer with effects of pandemic.
o Revenue down 12% underlying o Cash operating income² down 13% underlying; 11% margin o Adjusted³ operating profit down 19% underlying; 9% margin o Adjusted profit before tax down 20% underlying o Adjusted EPS up 12% · Interim dividend increased +1% to 7.6p · Statutory · Active portfolio management strategy delivering value creation: o Increased investment in Cazoo in October 2020; proposed transaction values stake at c.US$1.35bn 5 v...