Profit boost at The Appointment Group

TAG (The Appointment Group) Global Events, formerly Events by Appointment, has increased its operating profits by 330% to £719,000.

Sam Robson of The Appointment Group
Sam Robson of The Appointment Group

The company, which is part of The Appointment Group (TAG), has recorded a total turnover of £8.3m for 2014, a 144% increase on the previous year's £3.4m.

Sam Robson, the company’s group events director, attributed the growth to new account wins and the development of the global offices.

Events hosted included a VVIP weekend for a technology client in November 2014, for 60 guests at an independent five star hotel in Bath; a global contract with NTT Com Security to manage an inaugural European Kick Off and two major Australian projects at the Melbourne and Sydney offices.

The company is set to expand its meetings and events teams at its US offices in New York, Atlanta and LA. "We’ve secured work with several major hedge fund companies and, as a result of the transatlantic nature of these organisations, we’re seeing a huge expansion in our US business, particularly on the east coat," said Robson. 

A Singapore office is set to open this Autumn, which will later expand into meetings and events. 

More:

Agency drp on track to hit financial targets

BI Worldwide invests £1m in revamp

Chambers Travel Events sees 70% growth in turnover

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