First Event reveals profit growth and rebrand

Agency First Event has revealed that it expects net profit for 2016/17 to double, as it prepares to unveil its rebrand and refreshed website.

Richard Murphy, md of First Event
Richard Murphy, md of First Event

The agency reported a predicted net profit of £541,000 for 2016/17, up from £263,000 in its 2015/16 financial year.

The agency’s turnover is also on track to increase from £5,285,000 to £6,846,828. Additionally First Event is "budgeted to increase sales by 27% and already has events confirmed as far out as 2019"

Last month the agency announced that it had recruited several new members of staff in anticipation of the rebrand.

Commenting further on the rebrand, Richard Murphy, managing director of First Event said: "I feel that the rebrand and new website is necessary to give a truer reflection of who we are as a company. We have continually grown in size and experience since we launched in 1999 and we will continue to push ourselves to evolve at the same rate as, if not faster than, the events management industry.

"We also offer our clients an impressive amount of digital marketing, communication and engagement options for their events, so we thought it was about time we used some of those skills to show the world just how good we are at what we do."

The new website can be found here.


See more on First Event:

 First Event expands team ahead of rebrand

First Event announces 40% turnover rise amid massive growth

First Event predicts 30% growth after new business wins

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