Friday, July 12, 2013

UFI’s survey: growth expected across global exhibition industry

News this week: Last week, UFI, the Global Association of the Exhibition Industry, announced the results of its 11th Global Exhibition Barometer Survey, with a majority of the participating companies reporting an expected increase in revenues in 2014.

According to the survey, about 75% of the companies that replied to the survey expect their revenues to increase in the first half of 2014. In terms of operating profit, more than half of the companies in America and 30%-40% in all other regions expect an increase of more than 10% for 2013. However, only 10% of the companies believe the economic crisis will end in 2013, 37% in 2014, while another 42% in 2015.

Paul Woodward, UFI Managing Director commented, “These results indicate a positive outlook across all regions in terms of turnover increase. Exhibitions continue to be an excellent indicator of economic development. While remaining cautious about the global economic environment, these current survey results are good news for us all.”

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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