C&IT'S State of the Industry report canvassed the sector's top agencies. BCD M&I's vice-president EMEA, Matthew Wall, said that, although 2011 was not the recovery that some predicted, 2012 began with a boom and prospects are good.
"We have exceeded our targets for the first quarter and momentum is starting to build," he added.
Meanwhile, BSI Meetings & Events client services director Mark Scales said the agency is 70% ahead of its forecast for Q1.
"We're now reaping the rewards of our long term strategy. in 2010 we went through a lot of tendering and are now seeing the realisation of this work," he added.
Q1 was also positive for George P Johnson, whose executive director business developement Kevin Jackson told C&IT that conversations about 2013 are already well underway.