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Trade shows organiser Informa annual profit plunges 71%

April 22 (Reuters) - Britain’s Informa said on Thursday it expects trade shows and events to gradually return in the second half of the year as vaccination campaigns roll out, while reporting a 71% plunge in 2020 profit.

The world’s largest exhibitions company reported adjusted operating profit of 267.8 million pounds ($373.13 million) on revenue of 1.66 billion pounds, down 43%, for the year ended Dec. 31.

$1 = 0.7177 pounds Reporting by Yadarisa Shabong in Bengaluru; Editing by Krishna Chandra Eluri

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