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




Juraj Holub, social media and content marketing specialist at sli.do,...

Alastair Reece, head of DBPixelhouse, argues that RFiD is not as...

Company founders Alan Newton and Toby Heelis have launched new...

Exhibition News April 2015
April 2015

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
Large events drive UBM Q1 results
posted on: 24/4/2015 12:58:46
Events-led communications company UBM’s trading update, 24 April, indicates its largest events continue to drive performance.

Refocused offering for PLASA 2015
posted on: 20/4/2015 11:42:29
Audio and entertainment lighting event PLASA is driving forward “a progressive new approach” with its 2015 edition.

Centaur Live has invited industry figures across the engineering sector to join an Event Advisory Board, offering advice on the content and direction of its events.

Poken announces appointment of Steve Smith
posted on: 20/4/2015 10:53:22
Green event platform Poken has recruited Steve Smith as its new senior business development manager, based at Poken’s headquarters in Lausanne, Switzerland.

Olympia's Jazmin Beale becomes AEV chair
posted on: 20/4/2015 10:41:40
The Association of Event Venues (AEV) has announced the appointment of Jazmin Beale as chair of its Communications Working Group.