Sign in or Register | Newsletter
 
 
Register today to receive each issue absolutely FREE!




Global event registration company Circdata looks to new technology to...

Technology has changed the future of the events industry, so staying...

Cranmore Park is setting its sights high to become a national brand....

Exhibition News March 2015
March 2015

EasyFairs forecasts 20 per cent revenue growth
posted on: 19/1/2011 10:13:09
easyfairs revenue growth

EasyFairs is forecasting a 20 per cent increase in annual sales for the 2010-2011 financial year.

According to a company statement, the tradeshow organiser expects to report €33.5 million for the 12 months to June 30, 2011, up from €27.9m. It attributed the rise to organic growth as well as its acquisition of Belgian organiser Fairtec last September.

“We have every reason to feel confident in the company’s strong organic growth for the future after two years of controlled development,” EasyFairs CEO Jean-François Quentin said. “Based on the very strong rebookings we have experienced at our recent shows, we also forecast a 20 per cent increase in the volume of sales for the financial year commencing 1 July, 2011.

“Our aim is to reach €50 million revenue by 2014 through organic growth and acquisition.”

EasyFairs chairman and founder Eric Everard, who started his tenure as UFI president in January, said the news was a sign of growth in the exhibition industry. According to UFI’s Sixth Global Barometer Survey released this week, the exhibition industry has emerged from the recession and is forecasting revenue growth during 2011.


“We believe we have struck the right balance in our growth strategy and continue to look for acquisitions that fit our profile as an organiser of time and cost-effective events,” Everard said.

Has your business recovered from the recession? Let EN know: exhibitionnews@mashmedia.net


Print:
Email:
Share article:

COMMENTS
Would you like to Leave a Comment?

LATEST NEWS
Aberdeen council green lights new £333m AECC
posted on: 5/3/2015 12:51:54
Aberdeen council has approved the latest plans for a new £333m Aberdeen Exhibition and Conference Centre (AECC).

Revenue rise for UBM's 2014 event portfolio
posted on: 5/3/2015 11:59:16
Organiser UBM has reported a six per cent rise revenue growth for its events, despite an overall drop in revenue and adjusted operating profit.

MCE Deepwater Development returns to London
posted on: 5/3/2015 11:18:05
Excel London is gearing up to host leading deepwater oil and gas event, MCE Deepwater Development, on 24-25 March.

The NEC, Ricoh Arena, and the Bournemouth International Centre have been voted among the UK’s strongest business-to-business brands, according to this year’s Business Superbrands list.

Andrew Kennedy, director of Perton Signs, has been appointed chair of the Event Supplier and Services Association (ESSA) board, as Nick Marshall, GES' executive chairman, steps down from the position.