This Just In
  • Freeman Vice Chair Carrie Freeman Parsons promoted to Chair replacing Don Freeman, who will become Chairman Emeritus in July.
  • Nominations for 2019 Trailblazers Opens for Trade Show Executive’s Trailblazers program which recognizes the industry’s up-and-comers.
  • Marketplace Events (MPE), producer of 66 consumer shows in North America, acquired the Arizona Bridal Shows from Townsquare Live Events LLC.
  • ASBPE names Trade Show Executive as finalist for Magazine of the Year. In addtion, TSE was named as a finalist for three regional awards.
  • Informa Exhibitions reported a 6.7% jump in underlying revenues for 2018 even as it absorbed the blockbuster acquisition of UBM.
  • Reed Exhibitions acquires India BIG7 one of India’s largest trade events for gifts, office supplies, and home décor categories.
  • LVCVA selects Elon Musk’s The Boring Company to collaborate on the creation and operation of a high-speed, underground people mover.
  • MCI launched Investment & Management Partnership, which provides capital & management resources fueling growth of assoc. event portfolios.
  • TSE’s Fastest 50 Class of 2018 Unveiled! These top growth leaders will be celebrated June 18-20, 2019 at Harrah's Resort Atlantic City.
  • Endeavor Business Media acquired multiple PennWell events & media properties from Clarion. They included three trade shows.

Informa Exhibitions Puts on the Pounds as Revenues Spike 6.7%

Hil Anderson
, Senior Editor
March 8, 2019
Share On:

LONDON – Informa Exhibitions reported a 6.7% jump in underlying revenues for 2018 even as it absorbed the blockbuster acquisition of UBM during the second half of the year.

The London-based show organizer was a driving force behind an overall 3.7% increase in underlying revenues for parent company Informa PLC. The earnings report for 2018, which was released March 7, marked the fifth consecutive year of overall revenue and profit growth for the Informa Group, and company leaders are confident the trend will continue this year.

“In 2019, our focus is on continuing performance and growth as we consolidate our market positions and further reduce complexity,” Group Chief Executive Stephen Carter said in the report. “This will enable us to make the most of our increased operating scale and industry specialization, creating attractive opportunities for incremental growth and returns.”

UBM Hits the Ground Running

Informa Exhibitions reported underlying revenues of £575,800,000 ($754,259,850) in 2018 for global exhibitions, a 6.7% increase over 2017. The revenues generated an adjusted operating profit of £200,100,000 ($262,002,624), which was a 6.0% improvement over the previous year.

Charlie McCurdy, CEO of Informa Exhibitions, told Trade Show Executive: “In conjunction with the Accelerated Integration Plan (AIP), we’ve seen a positive impact when focusing on specialist markets. There are several markets experiencing exciting momentum, including Healthcare & Pharma; Health & Nutrition; Aviation; Infrastructure and Construction & Real Estate.

“Our global breadth and local depth in these specialist markets have allowed us to consistently deliver at the highest standard to our customers.

“Informa Exhibitions has maintained its track record with powerful growth, which reflects our efforts and performance, as well as the benefits of our focus on the Accelerated Integration Plan.”

The AIP is a two-phase strategy completed in November to integrate UBM into Informa and to establish new leadership teams and an emphasis on open lines of communication. Informa noted that the integration proceeded seamlessly and included around 100 executive appointments.

The exhibition group’s year reflected a boost of around six months’ of contributions from UBM. Informa acquired UBM in a transaction of a total consideration of £4.1 billion ($5.4 billion). UBM began contributing to the Informa bottom-line right out of the gate; Informa said UBM’s revenues were up 2.8% in 2018 compared to a 1.4% increase in 2017. Revenues from UBM events were 4.1% higher. “The results are positive and encouraging for our future as a combined group,” McCurdy said.

Informa said the performance was “as expected” and noted that one of its first acts as UBM’s new owners was to unload the slumping Life Sciences Media Brands Portfolio.

Informa also put UBM’s Fashion group, which includes the venerable MAGIC portfolio, on a three-year “fitness program” to revitalize its brands and to improve relations within the industry. Mark Temple-Smith, former CEO, Asia for Tarsus Group was brought in as Managing Director to run Informa's Fashion Exhibitions buisness in September.

Reach Stephen Carter at +44 (0) 20 7017 5771 or stephen.carter@informa.com; Charlie McCurdy, Chief Executive, Global Exhibitions Division, at +44 (0) 20 7017 5000 or charlie.mccurdy@informa.com.

Share On: