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


Data Manager
Wimbledon

Sales Manager
Farnborough

Sales Manager
London

Sponsorship Manager
London



Stephane Doutriaux founder of event tech company Poken tells EN how...

EN editor Jamie Wallis takes the trip up to Shropshire to have lunch...

Event manager Chris Brazier needs no wake-up call ahead of the 2015...

Exhibition News November 2014
November 2014

Reed reports European exhibition slowdown in Q1 report
posted on: 24/4/2012 08:14:01
reed exhibitions q1

Reed has highlighted good growth across annual exhibitions in emerging markets but some slowdown in Europe in its latest interim management report.
 
In its first quarter statement, Reed Exhibitions reported strong growth across annual events in North America, Asia and Latin America, but said growth had been at lower levels year-on-on-year across Europe. The first quarter benefited the most from net cycling of biennial events.
 
Over the first quarter, Reed completed its buyout of Brazilian joint venture Alcantara Machado and made smaller acquisitions in Brazil, including Equipotel and the Santos Offshore Oil and Gas Expo.

The company also made purchases in China and in the alternative energy sector including a majority stake in All-Energy Australia in March.
 
“The Q1 trends, with good growth in most annual shows, are expected to continue,” Reed said in its interim statement. “The positive impact of biennial cycling in 2012 will be particularly apparent in the first half.”

Across the rest of the Reed Elsevier business, underlying growth rates in Q1 were consistent with the 2011 full-year trends.

Reed Exhibitions reported 10 per cent revenue growth in 2011 and created 43 new events.
 
Got a story for Exhibition News? Email us: exhibitionnews@mashmedia.net


Print:
Email:
Share article:

COMMENTS
Would you like to Leave a Comment?

LATEST NEWS
ACC Liverpool to host ninth London Showcase
posted on: 24/11/2014 15:27:47
Around 100 key contacts in the association, corporate and exhibition sectors are lined up to attend ACC Liverpool’s annual London Showcase, at Kent House, Knightsbridge on 27 November.

Executive Hire Show prepares for Ricoh return
posted on: 24/11/2014 15:10:34
The Executive Hire Show has sold out three months ahead of opening its ninth successive event at the Ricoh Arena.

International Confex reveals exhibitor line-up
posted on: 24/11/2014 14:47:05
International Confex has added a raft of new exhibitors for the upcoming show in 2015.

N200 acquired by GES
posted on: 24/11/2014 13:10:10
Following the closure of GES’ data division earlier this year, the firm has acquired N200, in a bid to re-enter the data and registration market.

The re-launched Sports Merchandise & Licensing Show returned to the Great Hall at Stamford Bridge, home of Chelsea Football Club, last week.