Article 50G0H Informa delays or cancels events worth £400m over coronavirus

Informa delays or cancels events worth £400m over coronavirus

by
Mark Sweney and Julia Kollewe
from Economics | The Guardian on (#50G0H)

World's largest exhibition company hit with a 1bn drop in its market value this year

A range of companies, ranging from the world's biggest exhibition company to a furniture retailer and a firm which runs hostels for backpackers, have spelled out the impact of the coronavirus outbreak on their businesses.

Informa, which specialises in business-to-business events around the world, has postponed or cancelled almost 130 events worth more than 400m in revenue due to the coronavirus outbreak.

Related: Delivery and digital services thrive on coronavirus outbreak

Related: Coronavirus map: how Covid-19 is spreading across the world

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