Trade show organiser Messe Frankfurt announced that its sales grew seven per cent in 2018, achieving record levels. Messe Frankfurt is the organiser of the Automechanika brand of fairs worldwide.
Wolfgang Marzin, President and CEO of Messe Frankfurt, announced at a press conference that the group succeeded in setting a new record of around €718 million in sales.
Officials noted that Messe Frankfurt is retaining its third-place position in a challenging and international competitive environment, as well as being well ahead of all German competitors and all worldwide trade fair companies with its own exhibition infrastructure.
According to the annual financial statements for financial year 2018, Messe Frankfurt’s consolidated annual net income for 2018 was more than €50 million, around 25 per cent up on 2017.
With a total of 507 events worldwide in financial year 2018, more events were held under the Messe Frankfurt umbrella than ever before, drawing almost five million people.
“The very high levels of customer satisfaction throughout our various industry sectors are central to the success of our events worldwide,” Marzin said.