Informa Markets’ profit jumps 139% in first half of 2023
London, 27th July: Last week, London-listed Informa PLC released its financial results for the six months ended 30th June 2023. Revenues in the first half were £1.5 billion (US$1.9 billion), representing an underlying increase of 32%. Adjusted operating profit was £414 million (US$522 million), representing growth of 57%.
Informa’s event business, Informa Markets, generated revenues of £759 million (US$957 million) during the period, an increase of 64%. Informa Markets posted an adjusted operating profit of £241 million (US$304 million), up 139% year-on-year. Informa Markets hosted about 150 major live events, attracting over 120,000 exhibitors and more than 5 million attendees, with revenues tracking ahead of 2019.