Messe München sets record turnover

Posted by | Aug 11, 2017 | , , , , | 0 |

Messe München sets record turnover

Messe München is still on the road to success. It completed the year 2016 with the best result in the company’s history and set new records. With sales at 428 million euros, even 75 million euros above the last record in 2013, the organizer exceeded the 400 million mark for the first time. Its EBITDA succeeding the 110 million euro mark is also higher than ever before. In a nationwide comparison, Messe München once again performed well above average with exhibitors, visitors and space. There were many double-digit growth rates in the international business. According to the CEO of Messe München, Klaus Dittrich, the targeted growth strategy is to be consistently pursued.

The net profit for the year is almost 70 million euros, which is about 33 million euros above the previous record value of 2013. This sum is paid to the two main shareholders Freistaat Bayern and Landeshauptstadt München as interest on their loans for the construction of the new exhibition grounds.

Foreign business plays important role

In this extraordinary year of success, foreign business also plays an important role. There have been many double-digit growth rates here, as Messe Munich is a reliable partner and organizer of the important boom themes. For example, at the IFAT trade fairs in China and India, answers were given to urgent questions of air pollution, water and waste disposal , In the sports sector, Messe München covers the world’s largest sporting goods market with the ISPO in China.

Messe München is also active in China in the areas of urban development and architecture. With the majority acquisition of Fenestration China, Messe München succeeded in entering this market with its BAU World Trade Fair. The new event format will take place as Fenestration BAU China for the first time in November 2017.

Messe München benefiting from discontinued fairs

One reason for the record turnover is the global discontinuation of major international trade fairs. Four construction machinery fairs, four environmental technology fairs from the IFAT cluster and four electronics fairs fell victim to this. Messe München is well above average in Germany as a whole: with 5 per cent more visitors (nationwide -0.2 per cent), 1.8 per cent more exhibitors (+ 1.5 per cent), 5.7 per cent more from abroad (+3.9 per cent) and 1.3 per cent more leased area (+1 per cent).

More and more IT congresses in Munich

In April 2016, the DataWorks Summit was the first to bring a large user conference from the USA to Munich. In October, Augmented World Expo (AWE Europe) will be hosting the world’s largest conference and exhibition on Augmented Reality and Virtual Reality. And in November the MACHINA SUMMIT.AI is all about AI. In addition, Munich remains a top location for large medical congresses. The success is measurable: in 2016, the guest-events sector concluded a record turnover of almost 60 million euros.

Messe München is looking forward to two new halls and a congress centre

A major project is the construction of the two new halls with a total of 20,000 square meters of exhibition space and the Conference Center North. Costs: 105 million euros. On the 20th of June, the topping out ceremony was held. At the IFAT in 2018 the halls will be ready. The surfaces are already marketed today.

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