Messe Frankfurt Group is expecting to generate a turnover of around 645 million euros in 2015 – a new record for the company.
Wolfgang Marzin, president and chief executive officer of Messe Frankfurt said that profit before tax will be over the 40 million euro mark, on a par with last year’s figure of 47 million euros.
Marzin added: “We expect to generate sales of around 645 million euros – a new record for our company. Adjusted for depreciation costs and financing costs, current EBITDA (earnings before interest, taxes, depreciation and amortisation) is 98 million euros. Consolidated annual net income will once again be more than 30 million euros."
Domestic sales have grown at the company, and consolidated sales are in the region of 400 million euros. This means that 57 per cent of Group sales – some 370 million euros – can be attributed to the company’s Frankfurt base.
Business from outside Germany has increased to 246 million euros. Marzin explains: “By expanding business substantially in our relevant growth markets, we now generate 38 per cent of our sales revenue outside Germany."
Detlef Braun, member of the executive board of Messe Frankfurt, said: “Many new records were set on our highly successful platforms during the event year. No fewer than 132 trade fairs and exhibitions were held worldwide, playing host to around 89,800 companies and more than four million visitors – more than ever before. A total of 86 events were held outside Germany, setting new records with around 48,000 exhibitors and over 1.7 million visitors.
“In the future, we will continue to concentrate on what we know and what makes us successful: our core areas of expertise.”
Messe Frankfurt is taking steps to develop its exhibition grounds, with preparations for the construction of Hall 12 currently underway.
Messe Frankfurt is one of the world’s largest trade fair organisers, employing 2,297 people.
