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
Cancellations and deferrals: How global agencies are reacting to coronavirus

Cancellations and deferrals: How global agencies are reacting to coronavirus

As IBTM APAC gets postponed, agencies tell C&IT what they are doing to meet the challenges posed by the outbreak.

IBTM APAC 2020 postponed over coronavirus

IBTM APAC 2020 postponed over coronavirus

Organisers have postponed the inaugural IBTM Asia Pacific due to the Coronavirus outbreak.

How are incentive budgets changing in 2020?

How are incentive budgets changing in 2020?

Budgets increases come despite fears over economic uncertainty, according to the State of the Industry 2020: Incentives report.

MGM Resorts takes action over massive data hack

MGM Resorts takes action over massive data hack

More than 10.6million guests have had their data leaked after the cyber attack, according to reports.

APAC planners still 'use manual processes' for most of their tasks

APAC planners still 'use manual processes' for most of their tasks

Australian and New Zealander event planners need a more technology-driven approach, according to new research by Cvent.

DICE launched to improve diversity at conferences and events

DICE launched to improve diversity at conferences and events

New charter aims to eliminate 'manels' and offers guidelines for making events more diverse, on and off stage.

Are experiential food and drink incentives on the rise?

Are experiential food and drink incentives on the rise?

Planners reveal what food and drink experiences clients are increasingly requesting, in the C&IT State of the Industry: Incentives report.

World’s most popular destinations for business travel revealed

World’s most popular destinations for business travel revealed

New research draws on official government flight data to reveal locations most popular with UK business travellers going overseas in the last year.

Top agencies speak out amid warnings the coronavirus response came ‘too late’

Top agencies speak out amid warnings the coronavirus response came ‘too late’

With reports that another key congress may be cancelled, agencies explain how they have been taking stock.

Delta commits $1 billion to become first carbon-neutral airline

Delta commits $1 billion to become first carbon-neutral airline

The airline makes 10-year commitment to mitigate all emissions from March 2020.

LATEST JOBS