Informa releases trading update
London, 11th November: Earlier this week, London-listed Informa PLC, released its ten-month trading update for the period ended 31st October 2019. Underlying revenue growth in the period was 2.8% following the integration of UBM into the business through management’s Accelerated Integration Plan.
Informa Markets, the company’s exhibition business, recorded underlying revenue growth in the first ten months of 2019 of 3.4% despite the negative impact of weaker business in both Dubai and Hong Kong. In Dubai, challenging market conditions significantly affected its exhibition portfolio there. In Hong Kong, recent widespread protests have had a small impact on revenue growth at some events.