Profit and turnover up for Freeman EMEA

Most recent financial year included acquisition of Comotion Consulting and a new managing director for the event agency.

Image credit: Twitter @Freeman_EMEA
Image credit: Twitter @Freeman_EMEA

Freeman EMEA has reported a strong year in figures filed with Companies House. 

Gross profit has risen 15.1%, from £11.71m last year to £13.48m for the financial year ending 30 June 2019. And turnover has risen 18.1% to £60.94m, having previously been £50.94m.

In a director’s statement, Freeman EMEA said it had expanded its "core offerings through the acquisition of Comotion Consulting and the integration of Freeman XP’s brand experience portfolio.

"Opportunities presented by the Comotion acquisition have opened up new customers and allowed the group to leverage existing relationships, offering deeper and more valuable consulting and management change services. 

"The [Freeman] group’s model, which offers a highly differentiated service for the EMEA exhibition industry, has been a great success. 

"It also continues to provide new business opportunities for future expansion into new markets beyond the UK and Europe."

However, the agency also struck a note of caution, talking of a challenging market created by "continued pricing pressures on our core event delivery services and [...] uncertainty driven by Brexit."

Following the acquisition of Comotion earlier this year, Freeman EMEA brought in new leadership as Carley Faircloth became managing director of the event agency arm of the business.

For more features and breaking news, sign up to C&IT Magazine's daily News Tracker.

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

WRG wins major Ricoh contract

Read more
Can video save events amid Coronavirus cancellations?

Can video save events amid Coronavirus cancellations?

Event industry must stop thinking 'if you’re not physically in the room, you’re a no-show’ says video platform CCO.

Top doctor reveals 12 ways to make events more accessible

Top doctor reveals 12 ways to make events more accessible

Doctor Helen Grote describes how to make events more inclusive for disabled delegates.

Emerging incentive destinations for 2020

Emerging incentive destinations for 2020

State of the Industry: Incentives report offers insight into the destinations event planners are booking compared to last year.

Bomb victim's mother fights to make venues safer

Bomb victim's mother fights to make venues safer

Home Office is consulting on 'Martyn's Law' to protect fans at concerts and large-scale events.

Venice Carnival cut short as Coronavirus experts warn of global ‘tipping point’

Venice Carnival cut short as Coronavirus experts warn of global ‘tipping point’

Annual festival adds to a long list of pulled events while a global agency talks of cancellations, postponements and a move to virtual meetings.

'Four-poster bed, copper bath and gorgeous furnishings': a night at Down Hall Hotel

'Four-poster bed, copper bath and gorgeous furnishings': a night at Down Hall Hotel

C&IT's associate editor reviews a country house hotel dating back to 1322 with Italianate architecture and luxury interiors.

The charity ball with a projection-mapped 'Wheel of Fortune'

The charity ball with a projection-mapped 'Wheel of Fortune'

Country estate Alrewas Hayes hosted the 25th anniversary of the Hope and Homes for Children fundraiser.

2020's most popular incentive destinations

2020's most popular incentive destinations

In our State of the Industry: Incentives report, we look at the top countries and cities over the past year.

The wellness incentives delegates really want

The wellness incentives delegates really want

Planners reveal the most in-demand wellness trends in our State of the Industry: Incentives report.

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.

LATEST JOBS