Saturday, April 23, 2011

Reed Exhibitions’ growth driven by emerging markets

News this week: London-listed Reed Elsevier has released an interim management statement for the first quarter of 2011. Although no actual figures were reported, overall, Reed’s management note that there is a “gradual recovery and improvement in performance” which is expected to continue throughout this year.

The performance of annual shows organised by Reed Exhibitions reportedly posted “mid to high single-digit” revenue growth, while exhibitions in emerging markets recorded strong double-digit growth. Reed’s management projects continued growth at its annual shows and highlighted plans to launch additional event this year.

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.


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