Chief executive of Informa Peter Rigby has told EN that although the company is not a pure-bred exhibition organiser, its rapidly expanding exhibition business will soon provide the majority of its events revenue.
The publishing and events giant runs around 130 exhibitions around the world, and is currently worth around £2.6bn global business. At present a third of the company’s profits comes from exhibitions, conferences and training businesses. As a niche provider of information and knowledge, many of the Informa’s exhibitions originate from larger conferences, magazines or newspapers, with others spawned from partnerships with other media companies or trade associations.
“For many people in events, Informa included, 2011 has to be the year when growth returns. Certainly the stock market is expecting that of us,” Rigby told EN. For Informa 2011 is a year of expansion and we expect to run some 30 more shows than we did in 2010, which will be a mixture of organic growth and acquisitions. In addition we expect to see good growth from our existing shows.”
In broad terms, Rigby said that he expects Informa to grow 50 per cent in the emerging markets, which will include territories outside the BRIC nations.
“I see exhibition revenues becoming the biggest element of our events business due to the growth of exhibitions rather than declines elsewhere,” Rigby commented.
Informa recently formed a new single brand of 10 global business companies under the name Informa Exhibitions.
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