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NürnbergMesse Group has record profit for 2010

Bernd A. Diederichs, managing director of the NürnbergMesse Group, stuck to his principles and crowned his 15 years with a record result for 2010’s revenue of just under 205 million euros and some ten million euros profit after taxes with an EBITDA (earnings before interest, taxes, depreciation and amortization) of over 41 million euros.

“This means we have achieved by far the best financial year in terms of revenue and profit in the 35-year history of the NürnbergMesse Group,” said Diederichs. “And this is to a disproportionately large extent.”

The outstanding result in 2010 is due mainly to the development of sold display space and the additional services offered. The sold space of 967,000 meters squared in 2010 was at least ten percent above 2008, a more comparable year in terms of event cycles.

This space was booked by a total of 29,581 exhibitors, corresponding to a rise of nine percent. The share of international exhibitors at the Nürnberg exhibition venue remained steady at 38 percent, and was 49 percent for the international own and partner events of NürnbergMesse. Altogether, 1.38 million visitors attended the 159 exhibitions, congresses, public events and company events in the portfolio of the NürnbergMesse Group in 2010, which is also nine percent growth.

“The continuous internationalization of the concepts, the high level of motivation of the colleagues, a consistently entrepreneurial orientation and a team of managers who harmonize excellently and complement each other’s strengths,” said Diederichs.

Today’s growth of exhibitions comes mainly from abroad, and the exhibitions abroad also contribute to profit. The staff fluctuation in the company is less than two percent. The profit after appropriate investment is reaching previously unknown heights, and the Nürnberg exhibition specialists are constantly envied for their corporate culture.

As the odd years are still weaker in the NürnbergMesse Group, Diederichs assumes a revenue of over 170 million euros for 2011, following 132 million euros in the more comparable year 2009.

“We are about three per cent better that planned,” he said. “Besides the somewhat better development of exhibitions and congresses, this is particularly attributed to the purchase of the it-sa exhibition, which is developing exceptionally positively and will certainly be a source of great pleasure for us in the future.”

At the end of the day, the international own and partner events of NürnbergMesse are growing in the first half of 2011 by one percent each in terms of exhibitors, sold space and trade visitors, with the international growth distinctly more than compensating for the declining figures for German exhibitors, their space and visitors.

“The Stone+tec and ALTENPFLEGE exhibitions had to accept partly appreciable drops and have slightly dampened our result for the first half year,” said Diederichs. “The natural stone exhibitions in Europe are undergoing radical changes – strong competing exhibitions are growing up worldwide, especially in China. But Stone+tec was still a good exhibition despite its contraction. We will therefore make good use of the coming two years and then get off to a powerful start again.”

For the second half of 2011, the NürnbergMesse team expects growth for all its own and partner events. The POWTECH and TechnoPharm duo and it-sa, The IT Security Expo, are developing exceptionally favorably.

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