Messe Nuremberg Group’s Bernd Diederichs hopes to crown his 15 years as MD with revenue of just under €205m and €10m profit after taxes with an EBITDA (earnings before interest, taxes, depreciation and amortisation) of more than €41m.
“This means we have achieved by far the best financial year in terms of revenue and profit in the 35-year history of the Messe Nürnberg Group,” said Diederichs, commenting on an almost five per cent return on revenue.
International subsidiaries contributed to the profit “to a disproportionately large extent,” he added.
In view of an international profit of more than €2m with a revenue of almost €12m alone for Messe Nuremberg’s three subsidiaries in Brazil, North America and China.
AMERICAS - UK international conference and event producer Media 1 Productions has expanded its operations with the opening of a US office in Tucson, Arizona. The Stateside office will be managed by Executive Vice-President Dave Cole.
EUROPE - After a successful realignment of Congrex Switzerland in the past 12 months, following the collapse of the parent Congrex Group, the International Association of Professional Congress Organisers has welcomed back Congrex Switzerland as a member.