Euromoney Institutional Investor PLC provided the market on the impact of coronavirus (COVID-19) on its business. In common with other events operators, Euromoney has experienced disruption across much of the world as a result of COVID-19 and the restrictions that organizations and governments have placed on travel or attending large gatherings. Euromoney has now made the decision to cancel a number of events, and to postpone some until later in the year. So far, the company has cancelled 25 events with a revenue impact of £3 million and postponed 55 events, with nine moving into FY21, with an additional FY20 revenue impact of £3 million. The overall impact on FY20 of these changes is therefore to reduce revenue by £6 million and to reduce operating profit by £5 million, before other mitigating cost savings. The company's expectations of the impact on revenue and adjusted operating profit are based on current assessment and are subject to change if COVID-19- related market disruption increases or improves.