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CORPORATE NEWSIssue 8 | 2011 www.6exhibition-world.netThe Daily Mail and General Trust (DMGT) has reported a 20 per cent surge in revenue from its business-to-business events division, DMG Events.The 20 per cent rise to US$200m includes the impact of this year's additional biennial shows, Gastec and Adipec. Underlying revenue for DMG Events was up 14 per cent, including the organiser's largest recent event, the summer New York International Gift Fair in August, which is part of the recently sold George Little Management portfolio. The announced rise in B2B events revenue in part counteracted a three per cent drop in the company's consumer business revenue. Overall DMGT revenue for the period was up one per cent to US$2bn.Basel-based exhibition organiser and venue operator MCH reported a commercially satisfying fi rst half of 2011, with exhibitions business making up almost three-quarters of company income.Although operating income and profi t were below those of the previous year, MCH says this is due to a less busy exhibition schedule with the absence of Swissbau.Overall group profi t for the period of 1 January to 30 June 2011 was CHF25.2m (US$32m), a drop of CHF13.4m year-on-year but an increase of almost CHF10m compared to the same period in 2009.Exhibition business accounted for 73.3 per cent of total group income, down from 78.7 per cent in 2010 and 76.4 per cent in 2009. This is due to signifi cant rises in income from the company's event services division, which produced revenue of CHF46m this year compared to CHF39.1m in 2010 and CHF35.9m in 2009.EasyFairs has reported an increase in revenue of almost a third for its 2010-2011 EUROPEANS SEE A RETURN TO FORM AS BIG PLAYERS RESHUFFLE THEIR DECKSWORLDfi nancial year thanks to increased market uptake and product development.The company, known for its cost-effective trade fair model, exceeded its own expectations with revenue of ?35.7m (US$49.3m) for the year ending 30 June 2011, representing an increase of 28 per cent on the previous year's revenue 50,000,000 Easyfairs' projected revenue in Euros by 2014, achieved through organic growthof ?27.9m. Acquisitions in the past 12 months included the Spanish-based OMExpo and E-commerce Spain shows for an undisclosed sum.Tarsus has sold its majority stake in French exhibition Modamont SAS to joint venture partner Premiere Vision for ?6.1m ($8.35m) as part of a strategic plan to shift away from traditional mature markets and derive 50 per cent of total revenues from faster-growing emerging markets by 2013. Modamont is a biannual exhibition for the fashion accessories market and runs every February and September at the Paris Nord Villepinte. ITE Group posted total revenues for its events in the last quarter of around £21m (US$32.6m), a 17 per cent improvement on last year's performance on a like-for-like basis. The group booked £68m of 2012 fi nancial year revenues by 30 September 2011, representing 42 per cent of current market expectations for the period. ITE said the Moscow International Motor Show grew 20 per cent to 15,000sqm while Worldfood Moscow grew nine per cent to 22,800sqm. Revenues for the full year are now expected to be circa £154m."The economic framework conditions are a key factor for our success, since the event-marketing business is highly dependent on the economic climate," - MCH CEO René Kamm CORPORATE NEWSwww.exhibition-world.net Issue 8 | 20117INDIAUBM ASIA ACQUIRES STAKE IN FURNITURE SHOW ORGANISERUBM Asia has acquired a 70 per cent stake in Index Fairs, India's largest interiors and furniture trade shows from Index Furniture Private Limited. The deal covers three annual trade shows held in Mumbai, Bengaluru and Hyderabad. The fi nancial details of the deal were not disclosed, however the combined fairs generated revenue of approximately US$1.5m in 2010. Gross assets as at 31 March 2011 stood at $310,564.UBM said the acquisition is expected to exceed UBM's cost of capital criterion in its fi rst full year of ownership. UBM Asia president and CEO Jim Essink said the majority stake gives the organiser a leading position in the growing Indian exhibition market."This provides a signifi cant addition to UBM's product portfolio in India," he said. "We see many opportunities to build mutually benefi cial links between the Index Fairs and UBM's other furniture trade shows elsewhere in the world. "We also see opportunities to launch new shows in other Indian regions," added Essink.UBM Asia acquired Asian organiser AMB Exhibitions and Events in May, gaining access to several exhibitions across Malaysia, Vietnam and the Philippines.Elsewhere, UBM has partnered with Pro-Activ Publications to launch the Global Security Summit at the Olympia Exhibition and Conference Centre in London.EUROPEThe European Major Exhibition Centres Association (EMECA) will cooperate with the European Union's Enterprise Europe Network (EEN) to support small and medium enterprises (SMEs) and promote exhibitions as a marketing medium. Individual members of both associations have already cooperated on projects. EMECA's membership of EEN aims to set the stage for greater levels of cooperation between the two bodies."The services and activities of EEN represent real added value for companies at exhibitions, so it is a logical step for EMECA to enter into an offi cial partnership with the network and systematically interlink the activities," said Messe Frankfurt CEO and EMECA vice-president Wolfgang Marzin, pictured.EMECA believes the cooperation with EEN is a further development in the association's EMECA PARTNERS WITH EU ENTERPRISE NETWORKpackage of measures for promoting the quality of European exhibitions."The extensive services of EEN give SMEs the chance of setting themselves up better internationally," said Messe Frankfurt public affairs director Barbara Weizsäcker. "This strengthens their innovative power and promotes their competitiveness."BRAZILMESSE NUREMBERG SPLITS FROM PLANETA ORGANICOGermany's Messe Nuremberg and local outfi t Planeta Organico, organisers of Brazilian organic and natural product exhibitions BioFach America Latina and ExpoSustentat, have parted ways.A spokesman for Messe Nuremberg said the split clears the way for both companies to concentrate on core business activities.In 2009 Messe Nuremberg acquired Brazilian exhibition organiser Nielsen Business Media Brasil, which became the Brazilian subsidiary of Messe Nuremberg; Messe Nuremberg Brasil. Today this organises seven events in São Paulo in the pharmaceutical, cosmetics, analysis, glass technology, kitchen and bathroom, and pet and veterinary sectors.USAEXPO INDUSTRY GROWTH SURPASSES US ECONOMYGrowth of the overall North American exhibition industry outperformed the American economy in the fi rst half of 2011, according to the Centre for Exhibition Industry Research (CEIR).Semi annual data released by the organisation shows the overall exhibition industry gained 2.4 per cent during the fi rst half of 2011, while the US GDP only increased by 1.9 per cent."During the fi rst half of 2010, the exhibition industry lagged behind the macro economy. After two consecutive years of decline, the total CEIR Index dropped, tumbling 4.4 per cent from a year ago compared to a year-on-year increase of 2.7 per cent in real GDP," said CEIR.580 The number of EEN partner organisations. The last country to gain representation was Moldova in October |