Euromoney Institutional Investor restores dividends as revenue dips
Euromoney Institutional Investor restores dividends as revenue dips The tough year pushed earnings per share down 12 per cent to 26.1p per share – while the group posted a half-year dividend of 5.7p per share. B2B information provider Euromoney Institutional Investor saw subscriptions grow this year but took a hit to both its revenue and profits as social distancing foiled events. Revenue fell by 17 per cent to £155.5m from £186.3m last year, due to social distancing measures fumbling physical event plans, in the six months to 31 March. “The backdrop for events has been...