/2015/03/03/sa£o-paulo-conference-shines-a-light-on-brazilian-expo-market/
RELX Group, owner of Reed Exhibitions, has published its ‘Consolidated results for the year to December 2015’.
Overall revenue for Reed Exhibitions was £857m in 2015, which is a slight drop from £890m in 2014.
The report stated: “Exhibitions achieved strong underlying revenue growth in 2015, albeit slightly below the prior year, reflecting the macro economic environment.”
Reflecting on the company’s international results, the report said: “Growth in the US was strong, albeit slightly below prior year and growth in Europe was moderate, marginally ahead of prior year. Growth in Japan remained strong, driven by new launches and strong demand across our events.
“China continued to see differentiated growth rates by industry sector. Revenues in Brazil reflected the general weakness of the wider economy. Most other markets continued to grow strongly."
Looking to 2016, the report stated: “We expect the 2015 underlying growth trends to continue. In 2016 we expect cycling in effects to increase the reported revenue growth rate by around three percentage points.”
The report concluded by highlighting the 44 new events launched by Reed Exhibitions in 2015 and its ten acquisitions, one of which was Legend Exhibitions in November.
