The NürnbergMesse Group ends its turbulent economic year 2011 with a twenty percent increase in turnover to over 165 million Euros over the comparable year 2009. For the upcoming fiscal year 2012 the Nuremberg Company aims for new record sales and profits. The company s is facing a very strong trade fair year with special fairs in Nuremberg and the subsidiaries in Brazil, China and North America. The NürnbergMesse Group’s turnover is therefore once again expected to climb significantly over 200 million Euros.
At the end of the current fiscal year, the NürnbergMesse expects revenues of 165-170 million Euros (2009: 132.7 million Euros) and will thus achieve the second best result since its establishment in 1974. The annual result is forecast to produce a deficit of around five and a half million Euros (2009 6.2 million Euros).As a result, the Nuremberg Group will end the year 25 percent better than originally planned in the economic plan.
Since August 2011, the trade fair company once again has a double headed management, the same as in 1974. With Dr. Roland Fleck, 50, and Peter Ottmann, 45, two highly experienced managers have taken over the management of the NürnbergMesse Group. “One of our declared goals is to reduce our bank debt to below 150 million euros relatively quickly”. At the same time, a further moderate expansion of the fairgrounds for the future and the upgrading of the existing site are in the focus of activities.
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