Messe Frankfurt most successful financial year ever
Releasing its 2015 Annual Report, Messe Frankfurt announces that its market share continues to increase while profitability remains high
Messe Frankfurt presented its 2015 Annual Report, and it contains new records for all key financial and event figures.
“We have once again confirmed our leading position among German trade fair companies and further solidified our international ranking,” states Wolfgang Marzin, president and CEO of Messe Frankfurt.
Messe Frankfurt Group sales reached a new high of approx. 648 million euros, while annual net income hit 38.2 million euros. There were 133 trade fairs and exhibitions worldwide with approx. 90,800 exhibitors.
Wolfgang says: “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.”
The first half of the trade fair year 2016 was strong and dynamic, with performance at a high level. With regard to operations in and outside Germany, executive board member Detlef Braun stresses: “We can report that new records were set at many of our trade fairs, with a large international component and customer evaluations to match.”
At the Frankfurt base, Heimtextil continues to grow, with an international component that is now 89 per cent. The trade fair trio Christmasworld, Paperworld and Creativeworld delivered a solid performance, drawing even more exhibitors than at their previous events. Ambiente has once again demonstrated its strength as a global trendsetter for consumer goods markets. Nordstil in Hamburg went extremely well, as did Greenshowroom and the Ethical Fashion Show, two events that are firmly established as a centre of sustainable fashion during Berlin Fashion Week.
Messe Frankfurt works with industry representatives to continuously develop its events. Detlef explains: “By creating concepts that have been tailored to the market and strengthening synergies, we’re able to respond to economic weakness and consolidation in individual industries and support our customers,” adding that on the basis of a strong first six months, the company expects to finish the year with key event figures, including those for exhibitors, visitors and exhibition space sold, significantly higher than in the previous two years.
Strengthening value of Messe Frankfurt brand with additional investments
In recent years, Messe Frankfurt has 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, the company is successively expanding its portfolio around the globe.
Wolfgang says: “We generate more than 38 per cent of our sales outside Germany.”
The importance of international business will continue to grow, with a good third of the 17 new events to be added by 2018 will be in the field of technology.
At the company’s Frankfurt base, the construction of the new Hall 12 marks another milestone in the development of the exhibition grounds. As Uwe Behm, member of the executive board sums up: “Optimising our exhibition grounds generates further growth in Frankfurt.”
Construction work is proceeding according to plan. With a height of approximately 30 metres and 33,000 square metres of gross exhibition area over two levels, Hall 12 will be the largest hall in the western section of the exhibition grounds.
Continued growth while maintaining high profitability
“The Messe Frankfurt Group is well situated both strategically and financially,” emphasises Wolfgang. 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.
Messe Frankfurt is 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. Wolfgang says: “Whether we will reach our intermediate and long-term targets depends in no small degree on the international economic and political situation.”
Further information about the press conference can be found at: http://m-es.se/Co7n