newsSeveral exhibition organisers have reported their half-yearly results showing strong international performances.Reed Exhibitions claimed results across mature and emerging markets and significant launch activity as highlights during its first half. The publishing and events company's exhibition business reported revenue of £368m for the six months to 30 June 2011, down four per cent year-on-year. Excluding impact of biennial show cycling, underlying revenues were up 10 per cent, the company claimed. Adjusted operating profits across exhibitions came in eight per cent lower (£113m). "Strong growth was seen in annual events in developed markets and particularly in emerging markets," Reed stated. In Europe, underlying revenues excluding cycling were up seven per cent. The US business reported a 14 per cent revenue rise with growth buoyed by the JCK, National Hardware and ISC West shows. Other strong performers included World Future Energy Summit in the Middle East, the Brasilplast plastics show and Feimafe machine tools show in Brazil, and the Sino Corrugated Shanghai packaging show in China. Informa meanwhile, ran 25 new exhibitions in the first six months of its financial year contributing to a stronger revenue and profits result. The organiser chalked up group revenues of £634.8m in the six months to 30 June 2011, up 3.1 per cent from £624m year-on-year and excluding the IPEX quadrennial show. Pre-tax earnings were also up from £164.7m to £170.4m, while pre-tax profits hit £66.5m, an increase of £100,000 on the first half of 2010. Events and training contributed 48.5 per cent of revenue, or £308.1m, over the six-month period representing an increase of £4m year-on-year. The organisers claim growth is backlarger events underpin our confidence around our full-year outlook," Informa CEO Peter Rigby said.At DMG Events, underlying revenues contributed £26m to its parent's half-year revenues, according to an interim statement from media company Daily Mail and General Trust (DMGT). The reported underlying revenue to 2 July 2011 represents a 17 per cent increase year-on-year. In contrast, reported revenue for DMG Events fell 12 per cent due to the absence of the biennial Global Petroleum Show and the impact of exchange rates. Total underlying revenues for DMGT were £495m, up two per cent year-on-year. This means events now account for just over five per cent of the group's total revenue. The company also reported that bookings for its August New York International Gift Fair are currently higher than last year. "Trading in the third quarter was mixed. There was continuing strength in B2B from our international portfolio of market-leading businesses with all divisions performing in line with our expectations," said DMGT chief executive Martin Morgan. "In contrast, conditions within our consumer businesses have been tough with advertising revenue weak over the quarter. "We still expect to achieve some growth in earnings per share for the full financial year." copyright allegations made against myworldofexpofurther with the technical team and required time to investigate the matter in depth. In a bid to combat further intellectual property disputes, ASP has since joined the Anti Copying In Design (ACID) association. ACID has assisted members to win over 450 settlements to-date around alleged design and code theft."Our estimate is that third-party copying has easily cost us £300,000 in business," Coole continued. "We welcome new innovation and competitors - they only make the industry better - however it has to be ethically and legally done."For a long time we have been quiet on this issue, however now this has spread to other suppliers we felt we had to speak out."Showplans' Jones claimed that associations should do more to look after industry players."Companies that ignore intellectual property rights and copyright laws Upper street events is working with The neC to install a permanent mountain-bike track in time for this year's Cycle show in Birmingham. The venue and organiser are splitting the cost of the project, aiming to entice visitors both to the October show and The neC in general. The 1km track starts off in the hall and passes over the car park and into the neighbouring forest, where visitors will have to navigate turns, jumps and slopes before following the twisting path back into the venue. 1km6 www.exhibitionnews.co.ukdon't only damage the contractors they are copying, they also throttle the evolution of the industry," he claimed. "Making the exhibition industry aware of rogue companies like MyWorldOfExpo would be a step in the right direction."If the consequence of their actions outweighs the risk, this may be enough of a deterrent to stop copyright infringements happening again, or at least make these contractors think twice."?P1Visit our website www.exhibitionnews.co.uk for more of the latest industry newsCyCle traCksthankfully the situation calmed down when onlineit did. it would've been a huge disappointment to the public and devastating to those who worked on the event- Clarion Events group show director Nicola Gunstone outlines why the organiser nearly cancelled the first Big Screen event in collaboration with Empire film magazine following the London riots. The event was held at The O2.division's adjusted operating profits were also up by £3.9m to £59.5m. According to Informa, growth stemmed from 25 new exhibitions, acquisitions and increased delegate and exhibitor numbers. Twenty-two per cent of Informa's events revenue now comes from emerging markets. "While many global growth indicators remain a concern for a sustained economic recovery, the resilience of our publishing activities and
newswww.exhibitionnews.co.uk 7UBM buys Ecobuild organiserUBM has acquired International Business Events, owner of the Ecobuild exhibition business, from its private owners for up to £51m. The international organiser made an initial cash payment of £31m, with a further £20m payable over the next 12 months depending on performance. The acquisition was made on behalf of UBM's Built Environment division. According to the organiser, Ecobuild generated revenues of £9.4m in 2011 with a compound annual growth rate of 54 per cent since 2007, making it the world's largest exhibition dedicated to sustainable building products. UBM will launch a new version of Ecobuild in Shanghai in April 2012, running alongside the company's existing show Expobuild. The next UK edition is in March at Excel London. "Ecobuild is a great show that complements our other businesses in the UK built environment sector such as Building and Property Week," said UBM CEO David Levin. "We expect to double the size of Ecobuild over the next four years and we see clear opportunities to develop Ecobuild events in new geographies, taking advantage of our worldwide events infrastructure and our existing events portfolio, particularly in emerging markets such as China, Brazil, India and the UAE." The announcement comes as UBM reports its interim results, wherein underlying company revenues grew just over six per cent. UBM reported revenue of £474m for the first half of its financial year, a growth of almost £40m year-on-year. The bulk came from the events sector, which saw a surge in revenue of £38.4m. "Our outlook for the full year has improved modestly since we now expect our events business to outperform the guidance we gave in March," Levin said.Earls Court reports results as tube debate ragesEarls Court and Olympia owner Capital and Counties (CapCo) has reported a dip in pre-tax earnings across the two venues in its half-yearly financial results. Pre-tax earnings hit £12m in the six months to 30 June 2011, down by 9 per cent year-on-year. This result was off like-for-like net properties income of £17.4m, down from £17.9m. CapCo attributed the drop to reduced revenues and bookings at Earls Court along with strong competition in the exhibition sector. However, 31 new shows offset the loss of other events including Landscape, the London Pet Show and Retail Business In BrIEfTechnology. Olympia also hosted several successful exhibitions including Upper Street Events' Move it. The results were released a few weeks after CapCo submitted a masterplan application to redevelop the 77-acre Earls Court site. Although initial planning dates were based on Earls Court exhibition halls closing after the London 2012 games, the venue confirmed bookings for exhibitions are now being taken through to the end of December 2012. An Earls Court and Olympia (EC&O) spokesperson told EN bookings are running on a minimum 16-18 month cycle to ensure organisers AEO's nExt CEOThe Association of event Organisers (AeO) has appointed former ITe Group and expomedia staffer Karim Halwagi as its new CeO to take over from Austen Hawkins. Halwagi's resume includes sales and management experience launching and managing exhibitions in both the UK and abroad. "Karim brings a huge amount of knowledge, experience and talent and I look forward to Karim driving AeO's development forward to greater success," Hawkins said. Hawkins will remain CeO until the end of the year. "I am looking forward to working with our existing and new members, to further enhance and develop the promotion of our industry and its continued growth," Halwagi said.spring FAir gEts £1.2mexhibition organiser emap is injecting a huge cash sum into promoting its spring Fair International 2012 show. More than £1.2m will have been invested in marketing, show features and the international buyers' programme by the time the exhibition opens at The neC in Birmingham next February. The spending campaign represents phase two of emap's plans to grow spring Fair following ongoing consultation with visitors, exhibitors and associations over the past 18 months. "A communications strategy to buyers detailing all our new developments will start in september," said emap Connect Home and Gift MD Louise Young. Additional support at next year's spring Fair will include 100 extra show staff, refreshment 'pit stops' and a redesigned show floor. "The redesign will resemble a destination department store and each sector will have its own personality," Young added.EAsyFAirs' innOvAtiOn easyfairs will debut a new Print Innovations trade show alongside its Packaging Innovations exhibition in 2012. The exhibition has its roots in the Print for Packaging zone, launched in 2010. Print Innovations will be co-located with Packaging Innovations, ecopack, Packtech and Contract Pack at The neC in Birmingham from 29 February to 1 March 2012. have enough time to market and prepare future exhibitions.EC&O is also continuing its battle with Transport for London (TfL) over plans to cut weekday District Line tube services to Kensington (Olympia). The transport authority claims nearly 90 per cent of the 14,933 respondents to a public consultation survey on the proposed cancellation of weekday services to Kensington (Olympia) supported the changes. But both EC&O and the exhibition industry claim any cuts will severely impact exhibition business. A final decision is awaited.