Press Releases
Informa invited a number of shareholders to its bi-annual Cruise + Ferry Exhibition at Olympia on Tuesday 8 May.
08/05/2001

They announced at the Exhibition the following statement:

"Our business is trading in line with expectations for the year to date with growth being seen in all six sectors. In particular we are seeing strong performances from Pharmaceuticals and Finance and a welcome recovery in Maritime profits. The Cruise + Ferry Exhibition has attracted a record number of exhibitors (450), with revenues up 24% on last time.

The change in sentiment this year in the mobile telecommunications industry has had a predictable impact in reducing delegate numbers at some of our smaller events for that market. We are managing the cost base of our business to take account of lower rates of growth in telecoms. Our larger established events continue to perform strongly. The 3GSM event in February saw profit growth of 35% over 2000 and the June Bluetooth Congress is expected to be 20% more profitable than last year.

Our acquisitions earlier this year of MCM and BioTechniques are performing well.

We remain on track for a satisfactory performance."

For further information 
   
Peter Rigby Chairman, Informa Group0207 453 2222
David Gilbertson Chief Executive, Informa Group0207 453 2222
Jim WilkinsonFinance Director, Informa Group0207 453 2222
   
Fiona PiperThe Maitland Consultancy0207 379 5151