Page 12 - Waste Expo News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Informa plc treating 2021 as ‘transition year’ as FY2020 results show 63.5% revenue drop in exhibition division
Global exhibition, publishing and business information multinational, Informa plc has reported an underlying operating profit of £268m (US$372.8m) on revenues of £1.6bn in its FY2020 results, although its Informa Markets division, which includes exhibitions, was hit hard and saw a 63.5% revenue drop for the year.
The FY plc results also reflect a one-off Covid-19 non-cash impairment of goodwill (£592.9m) and exceptional costs that led to a statutory operating loss of £880.4m (compared to an operating profit of £538.1m) for the year ended 31 December 2019).
Informa also delivered £600m of cost-savings, a 30% reduction in net debt, while securing the balance sheet with over £1bn of liquidity and removed all financial covenants. ....

United Arab Emirates , United States , United Kingdom , Sankt Peterburg , Palm Beach , Stephena Carter , Las Vegas , Digital Services , Palm Beach International Boat Show , Events Postponement Programme , Introduction Of Balanced Working Programme , Informa Markets , Mainland China , Sailboat Show , Real Estate , Waste Expo , Continental Europe , North America , Balanced Working Programme , ஒன்றுபட்டது அரபு அமீரகங்கள் , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது கிஂக்டம் , பனை கடற்கரை , லாஸ் வேகாஸ் , டிஜிட்டல் சேவைகள் , பனை கடற்கரை சர்வதேச படகு காட்டு ,