Tag: finance


ITE posts 14% like-for-like top 10 show growth World

Global organiser ITE Group has announced year-end results showing its Transformation and Growth (TAG) programme is delivering like-for-like revenues up 11.4%, with headline PBT growing even faster at 20% and driven by the group’s Top 10 shows which grew 14% like-for-like. Financial highlights of the results released 4 December 2018 include trade show volume sales up from 679,900sqm in the year to 30 September 2017,...

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Los Angeles Convention Center hires Vice President of Operations and Vice President of Finance Americas

The Los Angeles Convention Center (LACC), owned by the City of Los Angeles and managed by AEG Facilities, has announced the appointment of Shaun Davis, CVP (pictured left) as the new Vice President of Operations and Ben Zarhoud, CPA (right) as the new Vice President of Finance. Shaun joins the LACC from Salt Lake City, Utah with over 20 years of operations management experience. He...

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Saudi finance event generates $34bn in deals despite Khashoggi pull-outs Asia

Around 40 key withdrawals by speakers and delegates for Saudi Arabia’s Future Investment Initiative conference, 23-25 October, (also known as ‘Davos in the desert’) did not stop the Saudis heralding the event as a facilitator for deals worth US$34bn. Outcry over the death on 2 October of Jamal Kashoggi, who is believed to have been killed in the Saudi consulate in Turkey, resulted in many...

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The spotlight is on Sydney as SIBOS arrives for a third time Australasia

SIBOS, heralded as the world’s premier financial event, opens in Sydney 22 October, with organisers expecting 7,000 attendees from around the world. The annual conference, exhibition and networking event draws business leaders from a range of financial institutions, multinational corporations and technology partners and is in its 40th year. Organisers this year hope to ignite conversation between global banks, industry executives, entrepreneurs and academic experts –...

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Cape Town ICC appoints new chief financial officer Africa

The Cape Town International Convention Centre has announced the appointment of Wayne De Wet as its new Chief Financial Officer (CFO). De Wet is responsible for, amongst other duties, developing and implementing the CTICC’s financial strategies, strategic leadership of finance and supply chain management, as well as growth and resource management within the finance department. Julie-May Ellingson, CEO of the CTICC, said: “We are very...

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Informa releases half-year financial results for 2018 AsiaWorld

Global B2B information services group Informa PLC has released its six-month financial figures for the period ending 30 June 2018. Revenue during this period was £957m (US$1.26bn). Among the other key findings were improving revenue growth, reported at +4.6%, and increased adjusted operating profit, reported at +3.3% to £294m (US$387m). Informa reported a free cash flow up 4.9% to £119m (US$157m). Their balance sheet showed...

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AEFI releases quarterly financial figures Europe

The Italian Exhibition & Trade Fair Association (AEFI) has released financial figures for the first quarter of 2018, which indicate overall strong performance. The Associazione Esposizioni e Fiere Italiane is a non-profit association established in 1983 to facilitate cooperation between Italian exhibition districts. Its role is to support members through the development of activities and programmes in training, marketing, promotion and research. The figures show...

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