Informa posts anticipated decline in Q1 revenue - UPDATE

Events group Informa has said trading in the first quarter was broadly as anticipated, with a mixed performance across the divisions resulting in an organic revenue decline of 3.6 per cent.

Events group Informa has said trading in the first quarter was broadly as anticipated, with a mixed performance across the divisions resulting in an organic revenue decline of 3.6 per cent.

The company blamed the heavy impact of the timing differences which occurred as a result of the early Easter, as well as the drag from product pruning completed in 2012, which it said accounted for almost a quarter of the decline.

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