Sign in or Register
 
 
Register today to receive each issue absolutely FREE!
Known for its textiles and fashion, Daegu is now looking to boost the...
More
CMW hears from global associations about how best to handle the impact the...
More
The director of Reed's giant EIBTM MICE event in Barcelona, Graeme...
More


Exhibition World Issue 77
Issue 77
Supplement: Basque Country
Supplement: Turkey
PROFITS UP AT MESSE NUREMBERG
posted on: 21/7/2011 13:29:42
Messe_Nuremberg

GERMANY – The convention venue and management company Messe Nuremberg expects 2011 to be the second strongest year in the company’s history.

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.

Do you have a news story for CMW? Email cmw@mashmedia.net

Print:
Email:
Share article:
COMMENTS
Would you like to Leave a Comment?
LATEST NEWS
MEDIA 1 PRODUCTIONS EXPANDS STATESIDE
posted on: 31/10/2014 11:57:14
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.

AMERICAS - The Philadelphia Convention and Visitors Bureau has won its bid to host the American College of Emergency Physicians' (ACEP) 2023 Scientific Assembly.

WORLD - Over 300 industry leaders from around the world are meeting in Bogota, Colombia for the 81st Congress of UFI, the global association of the exhibition industry.

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.

NEW GEHRY-DESIGNED EVENTS SPACE FOR SYDNEY
posted on: 30/10/2014 10:36:07
AUSTRALASIA - Sydney is set add a new venue its business events landscape with the opening of the AUS$180m Frank Gehry-designed Business School at the University of Technology (UTS), Sydney.