Sign in or Register
 
 
Event City
Register today to receive each issue absolutely FREE!
Exhibition News Awards




EN looks back over 150 years of Perton Signs and the company’s...

UK organisers are renowned for launching successful exhibitions and...

The Commonwealth Games and Ryder Cup will be heading to Scotland’s...

Exhibition News April 2014
April 2014

Centaur reports revenue increase
posted on: 24/2/2011 11:15:21
Money egg RESIZED

Centaur Media saw a 15 per cent increase in revenue for the six months ending 31 December 2010.

As stated in the company’s interim results statement, Centaur saw revenues of £27.5m compared to last year’s £23.9m. Of this year’s revenue, £5.5m came from events, up from £4.8m in the same period last year.
Centaur’s events saw an overall loss of £600,000, compared to an £800,000 loss for the same period in 2009.

Year-on-year revenues for Centaur’s general business services division, which includes business travel, human resources, recruitment and logistics, dropped six per cent from £3.2m to £3.0m. This was due mainly to the change in timing of the Business Travel Show in Dusseldorf, which will now run in April 2011, and the cancellation of the Enable Show, which ran for the last time a year ago. However the loss was mitigated by a strong performance from the Employee Benefits Live Show in September 2010.

In general, the general business services division was loss-making in the six month period to the end of December because Centaur’s major events run in the second half of the financial year. Overall, events provided 40 per cent of divisional revenue (£1.2m).

Elsewhere, events accounted for 28 per cent of revenue in the company’s construction and engineering division (£1.8m), in part due to the continued recovery of two regional homebuilding shows and a strong performance from the second edition of the National Home Improvement show in October, which experienced a 23 per cent revenue increase.

In the marketing and creative division, events accounted for 15 per cent of divisional revenue (£975,000).

“This is an excellent performance in the first half of our financial year,” said Centaur Media CEO Geoff Wilmot, “with growth returning as our markets recover and the group benefitting from the strong foundations secured in the past two years. We have traded in line with the board’s expectations since the start of 2011.”

Former Reed Exhibitions MD Alistair Gornall joined Centaur Exhibitions earlier this year as the organiser’s first non-executive chairman.

Questions, comments or tips? Email exhibitionnews@mashmedia.net


Print:
Email:
Share article:

COMMENTS
Would you like to Leave a Comment?

LATEST NEWS
CPhI Worldwide, part of UBM Live has appointed Rutger Oudejans to the role of brand director of the UBM Pharma Portfolio.

Prime Minister backs APPG Events inquiry
posted on: 16/4/2014 11:22:59
Prime Minister David Cameron has endorsed the All Party Parliamentary Group (APPG) Inquiry for Events.

The organisers of the International Festival for Business (IFB) have extended their promise to showcase the strengths of the UK’s economic recovery with a series of new events.

The Vintage Sports-Car Club has chosen Peterborough Arena to stage a week of celebrations to mark its 80th milestone.

Global Experience Specialists (GES) has appointed Rob Collins to the position of director of new congress business.