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Messe Frankfurt reports “most successful financial year ever”

Messe Frankfurt reports “most successful financial year ever”

July 12, 2016

Messe Frankfurt's showgrounds in Frankfurt, Germany

Messe Frankfurt’s showgrounds in Frankfurt, Germany

The show organiser, which hosts Paperworld and Paperworld Middle East, has seen market share continue “to increase while profitability remains high”.

In the company’s annual report for 2015, it stated that its sales reached “a new high” of €648 million ($719 million), while its annual net income reached €38.2 million ($42.4 million), with over 130 trade fairs and exhibitions worldwide featuring 90,800 exhibitors. Messe Frankfurt noted that the first half of the year “was strong and dynamic”, and saw “performance at a high level”.

In terms of Paperworld, the company reported that it “delivered a solid performance” alongside Christmasworld and Creativeworld, “drawing even more exhibitors than at their previous events”, and the company expects – “on the basis of a strong first six months” – that it will “finish the year with key event figures, including those for exhibitors, visitors and exhibition space sold, significantly higher than in the previous two years”.

Messe Frankfurt also noted that it has recently “been working step-by-step to solidify its brand positioning worldwide and correspondingly strengthen its competitive position in the international rankings”, supported “by a strong Frankfurt base and the continued development of events in Germany” to “successively [expand] its portfolio around the globe”. The importance of international business “will continue to grow, not least as a result of ongoing globalisation and changing production and trade flows”.

In Frankfurt, the company is constructing a new hall – Hall 12 – which is “proceeding according to plan”, and which will be around 30 metres high and feature around 33,000 square metres of exhibition area over two levels, making it the “largest hall in the western section of the exhibition grounds”.

Wolfgang Marzin, President and CEO of Messe Frankfurt, commented: “We have once again confirmed our leading position among German trade fair companies and further solidified our international ranking. Our overall corporate concept is the right one, and our long-term ‘Messe Frankfurt 2020’ corporate strategy is paying off. We have the scope we need for further investments in the brand values of the Messe Frankfurt Group. We generate more than 38 percent of our sales outside Germany.

“The Messe Frankfurt Group is well situated both strategically and financially. With top-class, innovative products and services, a strong global network and the capital necessary for further investments, the company plans to continue increasing its market share even as it maintains its high profitability. We are expecting good sales figures for the current financial year, slightly below last year’s level owing to the rotation of events, and for earnings to remain positive.

“Whether we will reach our intermediate and long-term targets depends in no small degree on the international economic and political situation.”

Uwe Behm, Member of the Executive Board of Messe Frankfurt, added of Hall 12: “Optimising our exhibition grounds generates further growth in Frankfurt. Starting in early August, we will be successively transferring the building pit, on schedule, to the companies responsible for constructing the building.”

Categories : City NewsEvents

Tags : Business Events Messe Frankfurt

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