Providing a trading update coinciding with its AGM, Informa reiterated that the outlook on physical events currently remains globally “unpredictable” despite signs of a return to business in Mainland China. Gradual recovery likely, as expected. Talks with US debt holders are ongoing and expected cost savings are raised from £130m to “at least” £400m. No changes to our forecasts at this stage.
15 Jun 2020
Improving although still low visibility on events and more cost savings ahead
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Improving although still low visibility on events and more cost savings ahead
Informa Plc (INF:LON) | 786 4.7 0.1% | Mkt Cap: 10,727m
- Published:
15 Jun 2020 -
Author:
Véronique Cabioc'h -
Pages:
3
Providing a trading update coinciding with its AGM, Informa reiterated that the outlook on physical events currently remains globally “unpredictable” despite signs of a return to business in Mainland China. Gradual recovery likely, as expected. Talks with US debt holders are ongoing and expected cost savings are raised from £130m to “at least” £400m. No changes to our forecasts at this stage.