Sign in or Register | Newsletter
 
 
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
INFORMA EVENTS REVENUES BUOYANT
posted on: 27/10/2011 08:44:44
8451Peter_Rigby_Headshot_Hi Res_RESIZED

WORLD - Events and training have driven the biggest improvement in business media group Informa’s latest sales results.

The group reports a 4.2 per cent revenue rise for the nine months to 30 September 2011.

The company also said business remains on track to deliver full-year expectations despite the tough economic conditions. 

The events and training division posted revenue growth of 5.2 per cent and events are proving “a resilient market and we are looking to expand more into developing markets such as Brazil and the Middle East", according Head of Investor relations James Gareh. 

"We have seen the group make further positive developments this year with value, creating strategic acquisitions in both high growth emerging markets and key industry verticals,” said Chief Executive Peter Rigby.  “At the same time, we have enhanced the business with an increase in the number of highly resilient events as well as further growth in subscription revenues.” 

Do you have news for CMW? Email: pcolston@mashmedia.net

Print:
Email:
Share article:
COMMENTS
Would you like to Leave a Comment?
LATEST NEWS
WORLD - Compass Group, the world's biggest caterer, has revealed a jump in profits thanks to strong demand in North America and emerging markets.

ASIA - The global association of mobile operators' association GSMA has rebranded its Asia event under the new 'Mobile World Congress' banner and announced initial details of its programme when it debuts in Shanghai next July.

AUSTRLASIA - The Australian business events sector, which is said to be worth AUS$13bn a year to the economy, was boosted this week when the Federal Government entered into a partnership to assist the industry during bidding and event delivery.

MIDDLE EAST - One year on from the UAE winning the right to host the World Expo in Dubai in 2020, the expo's higher committee has mapped out key deliverables to the General Assembly of the BIE, the governing body of the Expo.

AUSTRALASIA - Sydney Olympic Park welcomed more than 6,000 parks specialists when it hosted the International Union for Conservation of Nature (IUCN) World Parks Congress 2014, 12 - 19 November.