Friday, February 27, 2015
News this week: Earlier this month, international organiser, Informa plc, released its financial results for the year ended 31st December 2014. Group revenues in the year were £1.1 billion (US$1.8 billion), flat against 2013. Adjusted operating profit in 2014 was also flat at £334 million (US$521 million).
The company reported revenues generated from its global exhibitions grew 25% year-on-year, reaching £200 million (US$312 million). Adjusted operating profit was £67 million (US$105 million) in 2014, an increase of 35%.
In Asia, Informa reported a strong performance of the China Beauty Expo, which the organiser acquired in 2013. A total of 1,837 companies occupying 6,433 booths exhibited at the 2014 event, and attracted 252,200 visitors from 80 countries and regions. The event covered an exhibition space of 127,000 m2 over 11 halls at Shanghai New International Expo Centre (SNIEC).