Strong performance for BCD M&E in first year of trading since Zibrant acquisition

Agency in healthy position after two major acquisitions in past two years, reporting rise in profit and turnover.

BCD M&E's Nigel Cooper
BCD M&E's Nigel Cooper

BCD Meetings & Events Ltd has reported a 300% increase in profits in 2017, when combined with figures from Zibrant Ltd, in its first full year of trading since acquiring Zibrant in July 2016.

In accounts filed at Companies House for just BCD M&E, operating profit has increased by 90%, from £165k in 2016 to £314k in 2017. Turnover went from £3,657,734 in 2016 to £3,824,275 in 2017.

However, when combined with the trading of Zibrant for the 12 months ending December 2017, the company has pre-tax profit of £2.4m (compared to £810k in 2016).

In December 2017, BCD M&E also acquired Grass Roots Meetings and Events.

Nigel Cooper, managing director of BCD M&E EMEA, said: "It has been an incredible year, we’ve grown as a business both physically and in our outlook which is underscored by these impressive figures.

"Of course the credit for this has to be passed to our people who have given their support, enthusiasm and passion to build the business. We have come a very long way and their commitment and professionalism has been the bedrock and cornerstone of our success."

In this year’s C&IT Top 50 event agencies, BCD M&E came fifth with figures including Grass Roots M&E.


For more features and breaking news 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

Mark Williams recommends

The Top 50 UK event agencies

Read more
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 Global'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.

The diversity debate is about more than gender

The diversity debate is about more than gender

The industry faces challenges representing people from low income backgrounds, argues TCEG's Russ Lidstone.

The growing importance of face-to-face marketing

The growing importance of face-to-face marketing

Keith Austin, CEO and founder of Event Marketing Solutions, believes roadshows are more important than ever.

Cost savings are damaging to business traveller wellbeing, report finds

Cost savings are damaging to business traveller wellbeing, report finds

Research by Capita Travel & Events suggests many organisations are still failing to limit the impact of regular travel on employee health.

LATEST JOBS