Ashfield announces 31% rise in pre-tax earnings

Ashfield Meetings & Events has announced that its earnings before tax and interest is up 31% for the financial year ending September 2015.

Global managing director, Nicola Burns
Global managing director, Nicola Burns

The total recorded was £4.91m, compared to £3.58m in the previous 12-month period. The numbers have been consolidated from accounts covering the company’s operations across Europe, the US and Asia. 

Commenting on the performance, global managing director Nicola Burns said: "We invested in a number of initiatives in the previous financial year to ensure our business remained competitive in the fast-changing environment. It was fantastic to achieve the return on this investment with such a strong set of results. Our exhibition offering added considerable revenue across our global operations and the commercial development of SPARK THINKING has helped us enhance and diversify our creative service offering. As a result, our US headquarters have just moved into new office space to ensure we have an inspiring and motivating environment for our talented staff to be the best."

Burns added that as the market continues to evolve, the agency was developing and investing in integrated apps, systems and software solutions to help meet the changing needs of pharmaceutical and life science clients.

"The recent collaborative development of the Science Of Meetings approach with our colleagues in the wider Ashfield division has been well received by our clients. In an increasingly regulated environment, it is allowing us to act as a strategic partner to clients and explore multichannel opportunities that offer new types of value for their healthcare professional communication and event strategies," she added. 

More:

Bayer extends contract with Ashfield

Spark Thinking expands team with new designer

Five agencies to watch in 2015: Ashfield Meetings and Events

• For more breaking news, as well as in-depth features and case studies, 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

5 ways technology can help hotels reopen safely

5 ways technology can help hotels reopen safely

New innovations will help hotels solve the challenges of coronavirus so that guests can return, says Louisa Watson of Wyboston Lakes Resort.

Dear C&IT: Diversity should be part of the process right from the start

Dear C&IT: Diversity should be part of the process right from the start

Event planners need to challenge the diversity of their internal teams and their clients, says WRG Live's Steve Porter

LIVE UPDATES: England to relax quarantine rules for visitors from 10 July

LIVE UPDATES: England to relax quarantine rules for visitors from 10 July

Find out which countries are on partial or national lockdown, what travel restrictions are in place and what size gatherings are allowed.

'Attention to detail is key'

'Attention to detail is key'

A-List 2020: Stephanie Aviss is an account manager at Top Banana

What does the future hold for incentive travel?

What does the future hold for incentive travel?

C&IT speaks to Black Tomato's David Heron to find out why he's feeling cautiously optimistic.

5 ways the industry can recover from the crisis

5 ways the industry can recover from the crisis

Catch up on our Crisis Briefing webinar, where experts from across the global MICE industry share their latest COVID-19 recovery plans.

Case study: Android's Partner Summit in Berlin

Case study: Android's Partner Summit in Berlin

Agency Wonder brought the tech giant's new branding to life in a former techno club in the German capital.

Events industry urges UK government to set reopening date

Events industry urges UK government to set reopening date

Senior industry figures argue that the lack of confirmed date risks losing major business to international competitors.

'It's great to be involved in the planning but onsite is where you really learn'

'It's great to be involved in the planning but onsite is where you really learn'

A-List 2020: Sarah Potts is an events project manager at BI Worldwide.

Dreaming down under: the Australia incentive

While global travel is on hold, it’s a time to dream. One Australian expert discusses her ultimate incentive itinerary for first-time visitors, including flying celebrated chefs around the country and dinner under the outback stars…