BCD Meetings and Events records profit boost on lower turnover

BCD Meetings and Events has recorded a 43% boost in profit to £250,245 for the financial year ending December 2015.

BCD Meetings & Events Anthony Coyle-Dowling
BCD Meetings & Events Anthony Coyle-Dowling

The profit hike was on a slight dip in turnover, from £15.3m in 2014 to £15.2m this year.

Anthony Coyle-Dowling, senior director of event business development & marketing at BCD Meetings & Events, said he was delighted with this year’s results, attributing the profit growth to increased efficiency within the business.

"We’ve also had considerable growth, with new accounts and with existing accounts," he explained. "We’ve been looking at how to better drive efficiency across our European offices and that’s had a huge impact on business."

He added that new business activity, such as the recent workshops held by the agency, had also improved the agency’s profile. "We’ve seen a really positive impact through these, which has led to leads and conversions," explained Coyle-Dowling. "We’ve recruited talented people to support the business and we expect to see ambitious targets outlined for the year ahead."

The director’s report added that the slight reduction in turnover could be attributed to one of the agencies key clients consolidating its UK operations into the organisation’s European offices, seeing a transfer of revue to EMEA. 

• 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
Brisbane lands Flight Centre's Global Gathering

Brisbane lands Flight Centre's Global Gathering

Brisbane has been selected to host one of the world's largest travel industry conferences, bringing a (AUD) $7 million economic boost.

Expert reveals UK's top 7 steam railway journeys

Expert reveals UK's top 7 steam railway journeys

Vintage trains in Scotland, England and Wales all make the list, offering groups a quirky and luxurious way to travel.

10 destinations to reach without flying

10 destinations to reach without flying

A list of places that can be reached using greener alternatives to air travel.

Business traveller habits revealed in new research

Business traveller habits revealed in new research

Smartphones are having a significant impact on business travel, according to a CWT poll.

The rise of the 'super incentive'

The rise of the 'super incentive'

In a crowded market, a new level of incentive trip can make you stand out from the crowd, says TAG's Sam Robson.

'Stress and burnout' are challenges we need to tackle

'Stress and burnout' are challenges we need to tackle

Event Concept's Jo Higgs explains why looking after your people is so important and how training mental health first-aiders could help.

Case study: Leon Winter Award Celebration

Case study: Leon Winter Award Celebration

The event at Hawker House in London tied in perfectly with the fast-food chain's innovative approach.

Events budgets rose in second-quarter, says Bellwether Report

Events budgets rose in second-quarter, says Bellwether Report

While wider marketing budgets flatlined in the second quarter of 2019, events bucked the trend.

Seven Events welcomes two new faces

Seven Events welcomes two new faces

Agency brings in client development manager and event executive to London and Birmingham offices.

How sustainable do UK delegates want to be?

How sustainable do UK delegates want to be?

Survey reveals how concerned Brits really are about their environmental impact when travelling overseas.

LATEST JOBS