Informa Markets records 45% drop in revenues

London, 21st September: Informa PLC has released its financial results for the six months ended 30th June 2020. Revenues in the first half were £814.4 million (approximately US$1.04 billion) – representing an underlying decrease of 26%. While adjusted operating profit was £118.6 million (US$146 million). That is a 54% drop compared with the same period last year.

Informa Markets, which is the group’s event business, posted revenues of £284.7 million (US$350 million) in the first half of 2020, representing an underlying decline of 45% and adjusted operating profit was down 92%, falling to £12 million (US$15 million).