Informa up as it hits forecasts

The price of shares in information and events firm Informa (LON:INF) increased by 4.92% to 563.40p (as of 12:35 GMT) after it confirmed that results for the 2020 full year will be in line with guidance issued in its interim results.

CEO Stephen A. Carter commented: “The Informa Group enters 2021 with an intention to use the progressive return from COVID-19 to deepen our use of digital and data services, thereby ensuring our products and brands remain relevant in a post pandemic world. The continued strength and growth of our subscription businesses and our prior decision to extend the physical Events Postponement Programme should serve us well as markets gradually open up and customer confidence recovers in the latter half of 2021. Equally important, will be our continued commitment to strengthening our digital and data capabilities.“