Informa has re-confirmed its 2021 guidance in the latest trading update as the group trading continues to improve year-on-year. The group revenue is expected to be £1,800m± and the adjusted operating profit £375m±.
„We will complete the 2021 transition year in a stronger place.“
The company reports that it has held more than 250 face-to-face/smart events so far, with trends in participation, performance and re-bookings steadily improving as the year progresses. Informa Markets, Informa Connect and Informa Tech combined are tracking to over 20% underlying revenue growth from April to year-end (Q1 2020 traded normally pre-COVID) and 7%± across the full year.
Stephen A. Carter, group chief executive, Informa PLC, said: "We will complete the 2021 transition year in a stronger place than we anticipated at the start of the year and are now single-mindedly focused on growth and acceleration through to 2024."