Ashfield Meetings & Events increases profit by 11%

Global event management company Ashfield Meetings & Events has reported profit (EBIT) of £5.482m for the financial year ending September 2016.

Nicola Burns
Nicola Burns

This is comparative to £4.91m in the previous 12-month period, showing an increase of 11.6%.

This is the second year running the agency has demonstrated double digit growth. The numbers have been consolidated from accounts covering the company’s operations across Europe, the US and Asia.

Commenting on the agency’s growth, Nicola Burns, global managing director said: "We have had a number of new business wins, both in Europe and the US, that has helped achieve a strong set of results. This has included numerous consultancy projects, dedicated client teams and strategic meetings management programmes. In addition the continued commercial development of SPARK THINKING has helped enhance our creative service offering and diversify our client base."

Burns continued: "The healthcare meetings market continues to evolve and we are looking to expand our leading position by investing in technology, prioritising our growth in the US and further connecting our healthcare expertise across the Ashfield division to add new types of value for our clients.

"Our focus internally will be on driving productivity and leading through our people. It has been especially rewarding to see so many of our talented people take the next step in their career with us over the last 12 months. These internal promotions, combined with a series of new business wins in 2017, has resulted in a number of openings across our UK and US offices."

See more Ashfield:

Ashfield announces 31% rise in pre-tax earnings

Bayer extends contract with Ashfield

Top 50 agencies: Ashfield Meetings & Events

A List 2016: Liz Harvey: Ashfield Meetings & Events

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