Sign in or Register
 
 
Exhibition News Race Day
Register today to receive each issue absolutely FREE!


Digital Marketing Assistant
Wimbledon

Area Sales Manager
East Midlands/North East

Event Sales Executive
North London

Sales & Project Manager
West Midlands



Should you open your doors to all and sundry or handpick the brands...

When it comes to insurance, it’s easy to be wise after the event....

With further investment in Asia and a thriving business in emerging...

Exhibition News July 2014
July 2014

Inaugural Ecobuild show boosts UBM profits
posted on: 25/4/2012 09:15:16
ecobuild

UBM has reported that strong growth from its first edition of Ecobuild, its Game Developers Conference, Sign China and Enterprise Connect have helped boost profits for the first quarter of the year.
 
The inaugural Ecobuild show under UBM’s ownership held at Excel London on 20-22 March had more than 1,500 exhibitors and 57,000 attendees.
 
Unaudited results for the three months to 31 March 2012 showed events revenue rose 46 per cent to £123.1m compared to the same period in 2011, while adjusted operating profit rose 53 per cent to £42.4m.

The company said it expected underlying growth for its events organising business to be between 10 to 12 per cent.

Overall operating profit rose 26 per cent to £56.1m while total revenue grew 11 per cent to £264.2m.

"Although conditions in a number of our markets remain challenging, and year-on-year comparisons will get tougher as the year progresses, the business is performing well and we maintain our consolidated guidance for 2012," said UBM chief executive officer David Levin.

The firm completed several acquisitions in the first quarter including the Malaysian International Furniture Fair, the China International Exhibition and Symposium on Dental Equipment, Technology and Products, and 4G World, an independent telecoms and wireless event serving the US market.

UBM's consolidated net debt stood at £502.0m as at 31 March, down from £526.4m at the end of 2011.
 
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
The NEC has added another gong to its collection after the venue picked up the award for Best Waste and Recycling Scheme at Birmingham City Council’s Sustainability and Recycling Awards on 18 July.

N200 announces business wins
posted on: 22/7/2014 12:29:36
Event registration and data intelligence firm N200 has announced an agreement with Synergy Events to work across European Utility Week, among a raft of other new business wins.

IT cloud and infrastructure event IP EXPO Europe will provide 10 free exhibition and marketing packages in the Futures Den feature at this year’s event.

Legend Exhibitions is anticipating a sell-out debut for its Retail Design Expo at Olympia London next year.

British bidder linked with NEC sale
posted on: 18/7/2014 17:02:33
City sources have said a British private equity firm could be on a three-name shortlist of bidders for The NEC.