Informa Group PLC
22 May 2003
Press Release
Informa Group plc Annual General Meeting
At today's Annual General Meeting of Informa Group plc, the company's Chairman
Peter Rigby, will be commenting:
"Trading conditions in our markets have shown no consistent signs of upturn in
the early months of this year and confidence in business-to-business sectors
remains weak.
In the face of these continuing difficult economic conditions we remain focused
on driving organic growth through new product development and on close control
of our cost base. We are also seeking to identify opportunities to build further
on our market leading positions through acquisitions of recurring revenue
streams where we can deliver increased value for our shareholders.
We expect our revenues for the first half year will be slightly below last
year's levels due to the closure of some loss making publications and some
limited deferral of events into the second half of the year to avoid the Iraq
conflict and SARS.
However, with a strong second half publishing and event programme in prospect
the Group's trading outlook for the year remains unchanged."
- ENDS -
For further information, please contact:
Informa Group plc
Jim Wilkinson, Finance Director 020 7017 4302
Bell Pottinger Financial
Zoe Sanders 020 7861 3887
This information is provided by RNS
The company news service from the London Stock Exchange
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