Sign in or Register | Newsletter
 
 



Register today to receive each issue absolutely FREE!


Event Sales Executive
Wimbledon

Head of Sales
Manchester

Exhibition Coordinator
South Bucks

Head of Exhibitor Sales
Silverstone Drive, Coventry

Event Senior Sales Executive
Wimbledon

Marketing Executive
Daventry, Northamptonshire




Marketing and event specialist, UKFE tells EN how its inaugural...


Richard Dove from Showplans Technology Group, explores the changing...


Event organisers are harnessing the power of telemarketing to...


Many organisers have dipped their toes in Africa’s water, the...


Darren Poultney, managing director of Smart AV, talks to EN about the...


Jamie Vaughan managing director EMEA of Eventbase tells EN how a...

Exhibition News July 2015
July 2015

Read it online
now for free!

Restructured Centaur exhibitions continues on growth trajectory
posted on: 14/9/2012 11:27:07
centaur financial results

Strong growth and rebookings across core show brands has led Centaur’s exhibition division to report 10 per cent underlying revenue growth for its full-year results.
 
Exhibition revenues were up three per cent to £16.2m for the year to 30 June 2012, with adjusted EBITDA up 13 per cent to £2.6m. When adjusted to reflect the sale of the logistics and supply chain portfolio and the cancellation of the Business Travel Show events in Dusseldorf and Dubai, revenues increased 10 per cent, the company stated.
 
Business Travel Show Middle East was due to be held in Dubai in October 2011 but was postponed last July. The Dusseldorf edition was held last April and had been due to return to the city this month.
 
Core exhibitions chalked up underlying revenue growth of 16 per cent over the past 12 months, up one per cent year-on-year. Key contributors included Marketing Week Live, which featured two co-located new brands that contributed to 23 per cent growth across the portfolio in June 2012.
 
The Employee Benefits Live brand also delivered a 21 per cent increase in revenues and sold out venue capacity last September. In addition, forward bookings for 2013 exhibitions are 16 per cent ahead year-on-year and at 30 June 2012, the company stated.
 
The full-year results are the first to be released since Centaur restructured its operations into three divisions: Business Publishing, Exhibitions and Business Information. Across the group, revenues reached £65.6m for the full-year, with adjusted pre-tax earnings up 18 per cent to £11.7m. Pre-tax profits were up 23 per cent to £8m.
 
Over the past financial year, Centaur reported an 11 per cent drop in publishing revenues offset by an increase in digital revenues and investment into digital products. 
 
Centaur’s financial statement also focused on growth opportunities and synergies from a series of acquisitions in recent months, most recently digital marketing information provider Econsultancy in July. Other purchases include IPL, the Excite show, VBR and Profile.
 
“This has been a transformational year,” Centaur chief executive Geoff Wilmot said.
 
“Following last summer’s major restructuring, the principal focus of the management team has been to continue to re-engineer the business and to execute a series of targeted acquisitions designed to accelerate delivery of our strategic objectives.
 
“We have made excellent progress towards the achievement of our three-year targets and have also reported a strong set of results delivered in difficult economic circumstances. We are seeing good momentum as we head into the new financial year.”
 
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

Hundreds of exhibitors have hailed FaceTime’s latest National Exhibitor Masterclass a success.


Key appointments for Fresh Montgomery
posted on: 3/7/2015 11:00:57
Fresh Montgomery has announced a series of senior appointments for its International Food and Drink Event (IFE).


N200 has launched a new app to give users mobile access to its popular event analytics platform Visit Intelligence.


Manchester Central has achieved the international standard for quality management systems, ISO 9001.


Countdown to Sticky Wicket 2015
posted on: 2/7/2015 11:05:18
Events industry website supplier ASP has stepped up to the crease to support charity cricket match Sticky Wicket for 2015.