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


Sales Manager
London

Sponsorship Manager
London

Marketing Executive
South West, London

Sales Executive
London



Excel London’s board brings six decades of experience at the venue...

Tom McInerney, director of Etherlive gives EN his cyber security top...

EN discovers Millbrook is a diverse venue with added va-va-voom. ...

Exhibition News October 2014
October 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
Telegraph Events has revealed that 5,889 visitors attended the first Liverpool Cruise Show which took place on 11-12 October at the Echo Arena.

Telford staff smash fundraising target
posted on: 31/10/2014 11:23:32
Staff from one of the largest events groups in the Midlands have smashed their fund raising target – in just six months.

Running the Pyongyang Marathon, or skiing on North Korea’s uncrowded mountain slopes will be on offer at a leading travel exhibition after Reed Exhibitions secured the notable exhibitor coup of the secretive global power.

Thorns Group to restructure executive team
posted on: 30/10/2014 14:55:51
Independent events supplier Thorns Group has announced it will restructure its executive team, to prepare for the next phase of growth of the company.

The International Convention Centre (ICC) Birmingham, is to host the Museums Association Annual Conference and Exhibition for the first time next year.