Bray Leino sees 11% increase in profits for 2014

Bray Leino, the parent company of Bray Leino Events, has reported an 11% increase in profits for 2014.

Bray Leino sees profitable 2014
Bray Leino sees profitable 2014

According to accounts filed at Companies House, Bray Leino recorded an operating profit of £1.84m for the financial year ending 31 December 2014, a £181,500 rise from 2013. 

This was despite a 2.6%  fall in turnover to £53.6m, £1.5m lower than in 2013, and a 3% fall in gross profit to £19.3m. The company also saw staff numbers fall from 367 to 350.

The report stated that the company had returned to "strong profitable growth after a difficult 2013" and cited one of the drivers for growth as "various digital and data content" in its event business.

Bray Leino also acquired agency Brandon Hill Communications in 2014, which specialises in delivering public sector events.

More financial news:

Event budgets grow 5.7%, says Bellwether report

Mclcreate sees 68% fall in profits for 2014

Banks Sadler profits up for fifth year running

• For more breaking news and in-depth features, sign up to C&IT Magazine's daily Newstracker here

Have you registered with us yet?

Register now to enjoy more articles
and free email bulletins.

Register now
Already registered?
Sign in
Events company faces legal action from makers of video game Fortnite

Events company faces legal action from makers of video game Fortnite

Epic Games issues claim against Exciting Events after widely criticised event in Norwich.

Diary of a delegate: Beautiful Bergen

Diary of a delegate: Beautiful Bergen

A three-day account of the C&IT A-List FAM trip, in partnership with Visit Norway.

Case study: Space to Breathe wellness event

Case study: Space to Breathe wellness event

Centre Parcs hosted a wellness event for clients including MIA, Experian and the University of Nottingham.

The future of event feedback

The future of event feedback

A look at how new technology is changing the nature of feedback for event planners.

SevenEvents hires new project manager

SevenEvents hires new project manager

Jade Davies joins from Touch Associates and her new role will include developing client relationships.

Cievents VP talks US market trends, challenges and opportunities

Cievents VP talks US market trends, challenges and opportunities

Alison Howlett, vice president of live events, talks about creating business opportunities, US trends and popular destinations.

Case study: PPA Festival at Tobacco Dock

Case study: PPA Festival at Tobacco Dock

The Professional Publishers Association held an education festival in May 2018 with guest speakers including politicians and actors.

New director and event coordinator for Pure

New director and event coordinator for Pure

Agency promotes client services director and hires event coordinator to strengthen the team.

Loganair to take over cancelled Flybmi routes

Loganair to take over cancelled Flybmi routes

Glasgow-based company Loganair has stepped in start flying five of Flybmi's routes from next month.

How to increase your sustainability credentials

How to increase your sustainability credentials

Sustainability can be achieved with simple actions, says Elizabeth Thomas from the International Corporate Governance Network.

LATEST JOBS