Press Releases
Informa Group plc Annual General Meeting
23/05/2001

Chairman reiterates statement previously made at Cruise & Ferry Exhibition on 8 May 2001

"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 attracted a record number of 450 exhibitors, up 20% 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. However, 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