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


Sales & Project Manager
South East

Head of Shows Operations
Central, London

Sales Director
Central, London

Data Manager
Wimbledon



Analytics consultancy Acrotrend thrives on offering innovative...

Industry heavyweight and former pub landlord Tim Etchells, with 35...

Maria Schuett of Central Hall Westminster talks to EN about the...

Exhibition News December 2014
December 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
International Confex has announced a host of partnerships with some of the UK’s leading suppliers, leading up to the 2015 show.

More than 53,000 visitors are expected to attend events at the Bournemouth International Centre in 2015, contributing around £50m to the local economy, said BH Live director of venues, Pat Coyne.

New directors appointed at QEII Centre
posted on: 19/12/2014 09:49:06
The Queen Elizabeth II Centre (QEII) has expanded the team with the addition of two new directors in early 2015.

The Mind Body Spirit Wellbeing Festival has expanded its UK reach with the launch a new Midlands edition at the NEC on 11-13 September 2015.

FaceTime has launched a new 15-part series of Exhibitor Shorts videos, aimed at helping enhance exhibitor performance.