Home » Industry » Exhibition Industry (page 3)

Exhibition Industry

Trade Fair Industry in Asia Flourishes

BIIA Co-founder Business Strategies Group has published its 9th edition of the full report, The Trade Fair Industry in Asia, which consists of over 100 pages of data and analysis. The report was produced on behalf of UFI, the Global Association of the Exhibition Industry.  It is designed to provide those working in the industry or with an interest in trade ... Read More »

Global Sources Q2 2013 Revenues Down 8% – Profit Up 73%

Global Sources revenues in the quarter were US$61 million, a year-on-year decrease of 8.0%.  Net profit attributable to shareholders was US$17 million in the period, a jump of 73% from 2012. Global Sources’ exhibitions business expanded to become its largest business segment during the quarter.  Revenues were up 9.1% to US$33 million, or 54% of total revenues. Online business accounted ... Read More »

Reed Exhibitions and CPIT Shanghai Sign Memorandum of Understanding

Both parties to explore strategic cooperation opportunities to boost one another’s inbound and outbound exhibition trade Reed Exhibitions and CPIT Shanghai recently forged a powerful working alliance when the two companies signed a memorandum of understanding. The MOU was endorsed following the success of high-level talks between Wang Lie, Vice Chairman of the Council for the Promotion of International Trade ... Read More »

Reed Creates JV with Indian Exhibition Organiser

Reed Elsevier’s subsidiary, Reed Exhibitions, has signed a joint venture agreement with Services International.  The new joint venture, Reed SI Exhibitions, will be based in New Delhi. Services International is an organiser of events for the fire and safety industry in India. The new JV will take over the portfolio of fire and safety events organised by both partners and expand its ... Read More »

Global Sources Revenue Down, Profit up

Earlier this week, NASDAQ-listed Global Sources released first quarter results for the period ended 31st March 2012. Revenues were US$31.3 million, down 20% compared with US$38.9 million recorded in the same quarter last year. However, net income attributable to the company’s shareholders in the period was up 81% from US$3.1 million in the first quarter in 2012 to US$5.6 million ... Read More »

Onex Corp has Acquired Nielsen Exposition for US$950 Million

Onex Corp., a Toronto-based private equity firm, has acquired Nielsen Expositions for $950 million. In 2012, Nielsen’s expo division had revenue of approximately $183 million with adjusted EBITDA of $97 million. Those earnings account for about 3 percent of Nielsen Holdings’ total, according to the company’s annual report.  Organizing more than 65 tradeshows and events each year, the unit’s major holdings include ASD, the Hospitality ... Read More »

Global Sources Full Year 2012 Revenue US$231.7 million – Up 3%

Global Sources announce its financial results for 2012.  Full year revenue was $231.7 million, as compared to $225.1 million.  IFRS net income was $32.2 million, or $0.90 per diluted share, as compared to $29.5 million, or $0.83 per diluted share.  Non-IFRS net income was $37.1 million, or $1.04 per diluted share, as compared to $33.7 million, or $0.95 per diluted ... Read More »

Reed’s Exhibitions Revenue up 15% in 2012

London-listed B2B media company, Reed Elsevier, has released financial results for the year ended 31st December 2012.  On the company’s exhibition business, Reed reported revenue growth of 15% (7% excluding biennial event cycling) to £854 million during the year. Profits in same period were £210 million, up 21% over 2011. By geographical markets, Reed reported strong revenue growth in the ... Read More »

UFI Anticipates an Increase in Revenues in 2013 for Exhibit Organizers

UFI, the Global Association of the Exhibition Industry, released results of its 10th Global Barometer survey, with a majority of the corresponding companies reporting an expected increase in revenues in 2013. According to the survey, about 60% of the companies in Asia/Pacific are expecting an increase in revenues in 2013. That figure is down compared with 2012 when over 75% ... Read More »

Analytics, Platforms, Software & Workflow plus Big Data Drive Developments in Business Information

Analytics, Platforms, Software & Workflow plus Big Data continue to remain the driving forces in business information accounting for 50% of business development activities in 2012 (see charts). Acquisitions accounted for 24% of announcements. In credit information there were two billion dollar deals in 2012.  Experian acquired a remaining stake in Serasa for US$ 1.5 bn.  Equifax paid US$ 1 ... Read More »

Global Sources’ Private Sourcing Events Deemed a Success in 2012

Global Sources announced the company’s series of Private Sourcing Events successfully served more than 320 sourcing teams from over 100 buying organisations in 2012. The company’s Private Sourcing Events match international buyers with pre-screened large-volume suppliers that can deliver quality products. In 2012, Global Sources reported that over 1,500 high-quality, one-to-one selling opportunities took place between buyers and suppliers. According ... Read More »

Penang to Build US$113m Convention Centre

Singapore-based, Suntec International has signed a partnership agreement with IJM Land to jointly develop the Penang Waterfront Convention Centre (PWCC) at an estimated cost of US$113 million. Construction work on the waterfront venue will begin next year and it is expected to be completed by 2017. The PWCC is part of a US$1.6 billion project that will also include hotels, ... Read More »

Winner named for Sydney Venue bid for the Sydney International Convention, Exhibit and Entertainment Precinct (SICEEP)

The New South Wales (NSW) Government has announced the winner for the bid to build the Sydney International Convention, Exhibition and Entertainment Precinct (SICEEP), which will now be formally known as the International Convention Centre Sydney (ICC Sydney) – the Destination Sydney consortium. The Destination Sydney consortium is comprised of AEG Ogden, Lend Lease, Capella Capital and Spotless Facilities Services. ... Read More »

HC International Posts Impressive Profit Growth

Hong Kong-listed HC International has released its results for the nine months ended 30th September 2012. Revenues were US$61 million, an increase of 25% over the same period in 2011. Profit attributable to equity holders in the period was US$6.1 million, an impressive growth of 144% compared with the first nine months last year. The management attributed the growth in ... Read More »

Global Sources’ Exhibition Revenue Jumped 159% in Q3

Global Sources released its third quarter results ended 30th September 2012. The company reported revenues of US$59 million, an increase of 26% compared with the same quarter in 2011. Net profit attributable to shareholders in the quarter was US$8.2 million, more than double the US$3.96 million recorded in the third quarter last year. Online revenues were US$30 million this quarter, ... Read More »

Reed Acquires Auto Aftermarket Event in Shanghai

Reed Hongda Exhibitions (Henan) Co., Ltd., subsidiary of Reed Exhibitions Greater China, has signed an agreement with Shanghai Gehua Exhibition to acquire a 100% stake and all related assets of the annually-held Shanghai International Auto Decoration Supplies Sourcing Fair (CSAE). Financial terms of the deal were not disclosed. CSAE was established in 2003 and last took place from 22nd August ... Read More »

Global Sources’ Revenues in Q2 US$67 million

Global Sources reported its financial results for the quarter ended 30th June 2012. Revenues in the second quarter were US$66.8 million, mostly flat compared to last year’s US$66.5 million. Net profit attributable to shareholders was US$9.7 million, a drop of 3.6% from 2011’s US$10.1 million. Global Sources also released its half-year results for the six months ended 30th June. Revenues ... Read More »