Covid lockdowns lead to £1.1bn loss at UK events firm Informa

Revenues plunge by 42% but firm optimistic over business reopenings in major markets of US and China

Informa, the world’s biggest exhibitions group, has reported a loss of £1.1bn for 2020 as the coronavirus pandemic prevented gatherings around the world.

The company’s revenues plummeted by 42% to £1.7bn during the year, compared with £2.9bn in 2019, which was unaffected by the pandemic.

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