Informa trading update predicts gradual return of physical events rather than 'full rebound'
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...
Source: exhibitionworld.co.uk