London, 29th July: Last week, Informa PLC released its financial results for the six months ended 30th June 2021. Revenues in the first half were £688.9 million (US$953 million) – representing an underlying decrease of 7.5%. Adjusted operating profit was £69.2 million (US$96 million), representing a 2.5% decrease.

Informa Markets, Informa’s event business, posted revenues of £187.6 million (US$260 million) in the first half of 2021, representing an underlying decline of 29%. Informa Markets posted an adjusted operating loss of £43.3 million (US$60 million), compared with a profit of £12.9 million (US$15 million) for the same period last year.

In Mainland China, physical events activity has seen a consistent and progressive recovery over the last 12 months since reopening. Rebooking trends in Mainland China events for 2022 are robust and the company predicts total revenue in Mainland China could return close to 2019 levels.