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.
EUROPE - The latest figures from Britain's Office for National Statistics indicate that the first half of 2014 was the strongest ever for inbound British tourism, however business visit figures are yet to hit 2008 levels.
EUROPE - Facebook and XING are the most used social media channels by German-speaking organisers, followed by YouTube, according to the latest research from event management software specialist Xing Events.