Friday, February 03, 2012

Messe Düsseldorf revenue up 7% in 2011

News this week: Germany-based trade fair and event organiser Messe Düsseldorf GmbH released financial figures for the year ended 31st December, 2011. Overall, the group’s revenue was €360 million, up from €335 million in 2010. Preliminary results indicate a post-tax profit of €15.2 million.

Management reported sales from the company’s international exhibitions generated €34 million in 2011 – down compared to the €38 million in 2010. International exhibitions now account for nearly 30% of the group’s overall sales.

The company held 79 events outside of Germany last year in the CIS states, Czech Republic, China, Brazil, the UAE and India. From Asia, the group is expecting revenue of €7.5 million from Messe Düsseldorf China/Messe Düsseldorf Shanghai, and €5.1 million from Messe Düsseldorf ASIA / Singapore.

This post is excerpted from BSG's weekly e-newsletter which is part of our subscription research service, BSG Tracker. Visit our website to find out more about this service. You can also follow us on Twitter for all the latest updates.

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