Messe Frankfurt has reported continued in the past financial year as its President and Chief Executive Officer, Wolfgang Marzin recently said it has “succeeded in setting a new record of around €718 million in sales.”
According to the annual financial statements for the financial year 2018, Messe Frankfurt sales increased by more than seven percent year-on-year. Consolidated annual net income for 2018 was more than €50 million, around 25 per cent up on 2017, while EBITDA was at a record level of approximately €132 million. With a total of 507 events worldwide in the financial year 2018, more events were held under the Messe Frankfurt umbrella than ever before. Almost five million people came together at these interaction formats.
In the light of acquisition activities by major private trade fair companies, Messe Frankfurt has the advantage of having been active globally for more than three decades and of being firmly established in successful economic regions and strategically important markets with its brands and thematic areas of focus. Recent figures indicate that 41 per cent of Group sales, over €294 million in total, was generated outside Germany.
Wolfgang said, “the very high levels of customer satisfaction throughout our various industry sectors are central to the success of our events worldwide.”
The company’s events around the world in the first half of 2019 have also been very positive. With regard to the Group’s international operational activities, Detlef Braun, Member of the Executive Board of Messe Frankfurt said, “with their very high international component, our flagship events have crucial added value for specialist retailers. They provide a wealth of inspiration and show clear prospects in an ambiguous world.”
To this end, Messe Frankfurt adds value by investing counter-cyclically in quality-enhancing and expansion measures. In connection with the Group’s worldwide event growth, Braun explained: “Messe Frankfurt is currently placing no fewer than 17 new events in its key regions for 2019/2020.”New events include the Clean Show in the USA in 2019, and the Interior Lifestyle Middle East in Dubai and Formnext South China in Shenzhen in 2020.
Over the past 20-plus years, Messe Frankfurt has invested almost one billion euros of its own resources in modernising its exhibition grounds. Hall 6 is currently being revitalised. When the building is added to the network in time for the Frankfurt Book Fair, its energy consumption will be 30 percent lower than legal requirements.
Uwe Behm, Member of the Executive Board of Messe Frankfurt said, “at Messe Frankfurt, we see an active energy management system as being central to our sustainable business practices. All new and renovated buildings will also have an efficient, energy-optimised design.”
In the current financial year, Messe Frankfurt aims to continue its qualitative, quantitative and international growth.
Wolfgang added, “we are the leaders in many markets, not least because we are constantly evolving, because we grow sustainably and because we invest in our future. It is the function of trade fairs to cushion the possible effects of protectionist currents worldwide. In such situations, trade fairs are an unfailing source of optimism.”