Messe Frankfurt Aiming for 700 Million Euros in Sales
| 21 June, 2018
As far as its financial position and event portfolio are concerned, the Messe Frankfurt Group remains stronger than ever in 2018. Speaking at the Corporate Press Conference earlier today, Wolfgang Marzin, President and Chief Executive Officer of Messe Frankfurt, announced: “We are aiming for around €700 million in sales.” After a very dynamic first six months, projections for the second half of the year are also good.
Since 2010, Messe Frankfurt Group sales have increased by around 50 percent – from €448 million to around €669 million in 2017. Annual net income is in the region of €41 million, which is the second-best figure in the company’s history. Wolfgang Marzin explained the company’s successful growth as follows: “With our three business fields – Fairs & Events, Locations and Services – we have a well-established business model and a solid foundation for further development.” Messe Frankfurt has consolidated its worldwide network to 30 subsidiaries with the addition of a new location in the United Kingdom and another one in China. The company is strategically driving forward its new business, with 25 events making their debut this year. Wolfgang Marzin: “The synergies that we achieve within our companies around the world are strengths that we can use profitably and sustainably.”