Hannover. Deutsche Messe AG, the leading trade fair company headquartered in Hannover, Germany, in a press release said that it has just signed off on a very successful 2013. With consolidated revenues of more than €312 million and a net profit of €13.4 million, the company has delivered its second best result since 2001.
At €312 million, Deutsche Messe’s consolidated revenues for 2013 are up 24 percent on 2012. Perhaps even more significantly, they are also up markedly on 2011, which, with its similarly structured trade fair calendar, provides a more meaningful comparison. Consolidated revenues for that year totaled €292.8 million. The increase in revenues contributed to a net profit of €13.4 million for 2013, as compared with a net loss of €19.8 million for 2011.
The company had in 2013 also expanded its foreign trade fair business by various means, including targeted equity investments. In Canada, for instance, it had acquired a 75 percent stake in the CanWEA wind energy fair, and in China had acquired the rights to operate the Industrial Automation Shenzhen show. Similarly, in Turkey, Deutsche Messe had acquired an 80 percent holding in Sectorel, the company that organizes Turkey’s ICCI energy trade fair; and in Brazil had taken over the remaining shares in Hannover Fairs Sulamérica Ltda. (HFSA). In 2013, Deutsche Messe AG and its subsidiaries had, he said, launched nine new trade fairs outside Germany, including six in the fast-growing BRIC economies (Brazil, Russia, India and China)
For the full press release click Deutsche Messe