Taylor & Francis revenue and profits see marginal drop in 2020

Taylor & Francis revenue and profits see marginal drop in 2020

Taylor & Francis saw revenue nudge down 0.6% in 2020 to £556m, full-year results from parent firm Informa show.

The publisher's revenue was down for the year ending 31st December 2020 from £559.6m in the same period for 2019, while adjusted operating profit was also marginally down 0.6% from £217.2m to £216m. Statutory operating profit fell 10.1% from £162.6m to £146.1m.

Informa's report noted: “In Taylor & Francis, the Covid-19 pandemic has underscored the importance of verified science and research, as well as the increasing value of speed-to-market for article submissions, the quality ...

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