Ashfield Meetings & Events reveals fall in earnings before tax

Ashfield Meetings & Events has recorded earnings before interest and tax (EBIT) of £3.58m, down 7% from £3.86m 12 months ago.

Nicola Burns, global managing director, Ashfield Meetings & Events
Nicola Burns, global managing director, Ashfield Meetings & Events

Ashfield Meetings & Events has revealed earnings before interest and tax (EBIT) for the financial year ending September 2014 of £3.58m, a 7% decrease from last year’s EBIT of £3.86m.

The numbers were consolidated from accounts that cover the company’s operations in the UK, US and mainland Europe.

Nicola Burns, global managing director, Ashfield Meetings & Events, said: "We have made a number of investments in the financial year, such as our move into new office space in the UK.

"We have also developed and strengthened our fast-growing global engagement offering and launched our new consultancy brand SPARK THINKING. 

"With these investments these are very encouraging numbers, particularly with the backdrop of regulatory changes in the healthcare meetings and events sector.

"We have a solid pipeline of both new business opportunities and existing business development. This should help to ensure steady growth over the next 12-month period."

In January, Ashfield appointed Jo Brook as engagement director to help grow the agency's engagement services.

More Ashfield Meetings & Events news:

Ashfield Meetings & Events expands US operation

Ashfield Meetings & Events grows staff and relocates

C&IT A List: One year on - Ashfield's Dan Walker

 


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