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Informa PLC (INF.L)

INF.L on London Stock Exchange

449.00GBp
23 Oct 2020
Change (% chg)

12.70 (+2.91%)
Prev Close
436.30
Open
436.10
Day's High
449.00
Day's Low
434.50
Volume
2,839,345
Avg. Vol
3,207,613
52-wk High
875.40
52-wk Low
326.70

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Mon, Sep 21 2020

UPDATE 2-Events firm Informa deepens cost cuts as pandemic drives loss

* Sees FY revenue of about 1.7 bln stg (Adds CEO comments, background)

UK's Informa posts first-half loss after nearly 600 million pound COVID-19 hit

Informa Plc, the world's largest exhibitions group, posted a half-year loss of nearly 740 million pounds ($958.89 million) on Monday and unveiled a new round of cost-cuts, including both voluntary and compulsory layoffs and the closure of offices, as it struggles with the fallout of COVID-19 travel bans and lockdowns.

Informa posts operating loss after COVID-19 impairment hit

Sept 21 Informa Plc, the world's largest exhibitions group, on Monday recorded COVID-19 impairment charges of around 592.9 million pounds ($767.21 million), pushing it to a half-year operating loss as it struggled with one of the worst downturns in the industry.

UPDATE 1-UK trade fair industry warns 30,000 jobs at risk as events yet to resume

July 13 Around 30,000 jobs in Britain's events industry are at risk due to increased uncertainty about when trade fairs and exhibitions could resume in the UK, an industry body representing event organisers, venues and suppliers warned on Monday.

UK's Informa to resume trade fairs in China from July, shares rise

Informa Plc plans to hold in July its first major event since the coronavirus pandemic led to widespread cancellations of trade fairs, the world's largest exhibitions organiser said on Friday.

UPDATE 2-UK's Informa to resume trade fairs in China from July, shares rise

* Identifies cost savings of over 400 mln pounds (Recasts top, adds analyst comment, detail on rebates)

Informa expects yearly revenue to fall by a third on virus hit

June 12 Informa said on Friday it expects its yearly revenue to fall by a third as the coronavirus crisis forced cancellations of conferences and other major gatherings organised by its events business.

BRIEF-Informa Says Further Rescheduling Of Events Within 2020 Is Unlikely

* INFORMA - ACTIVITY IN CHINA HAS PICKED UP PACE THROUGH PAST MONTH,

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