Expects sales of around 600 million euros
Can continue its growth course faster than expected: Messe Frankfurt expects a further increase in sales for the current financial year. Thus, in 2023, around 340 events will be held under the roof of Messe Frankfurt. Following a very dynamic first half of the financial year, the forecasts for the second half are also good. Thanks not least to management’s decision not to make any redundancies during the past three years of crisis, the Group is able to draw on its full operational resources. With investments in its core business as well as in digital transformation and the focus on sustainability, Messe Frankfurt is consistently developing its long-standing corporate strategy.
“The return of an intensive event business with high internationality and satisfaction rates shows the commitment by all industries. Fiscal 2023 is well above our expectations. If everything continues to develop as well as it has, we expect to achieve a positive operating result again in 2023 and, despite an in-house event year with fewer events due to the rotation of events, we will be able to achieve sales of around 600 million euros at our home venue. This will put Messe Frankfurt back in the top league of global competition,” emphasized Wolfgang Marzin, Chairman of the Board of Management of Messe Frankfurt, at the company’s press conference today.
According to the presentation of the final financial report for the 2022 financial year, revenue almost tripled to €454.2 million compared to the previous year (2021: €153.8 million), despite an event year that was still restricted due to the pandemic. Of this, around 314 million euros was generated in Germany, accounting for 69 percent of Group sales. The EBITDA generated reached 40.6 million euros (2021: -74.9 million euros). The consolidated net loss has decreased and amounts to -25.7 million euros (2021: -139.2 million euros). The key figures in fiscal year 2022 have improved significantly compared to the previous year. A total of 310 events were held in the past fiscal year, with more than
46,500 exhibiting companies and over 2.4 million visitors.
The topic of sustainability also takes on central importance. Based on a materiality analysis, sub-goals are first formulated and these are mapped in a sustainability roadmap for Messe Frankfurt. The focus is on achieving greenhouse gas neutrality and establishing sustainable water management. According to plan, the implementation of the processing procedures for the prospective EMAS certification – the European standard – is running in November 2023. By 2040 at the latest, the Frankfurt exhibition center is to be climate-neutral. As part of its Texpertise Network, Messe Frankfurt has published its first Sustainability Development Goals (SDG) Report. “The report is intended to be an inspiration and incentive to further develop activities together and to work intensively to achieve the SDGs in the global textile industry by 2030,” Detlef Braun, Member of the Board of Management of Messe Frankfurt, clarified the commitment.
For around fifteen years, Messe Frankfurt has been strategically supporting the achievement of the Sustainable Development Goals (SDGs) issued by the UN at its global textile events using theme-specific formats and content, making it a pioneer of its kind. Since 2019, the company has been working closely with the United Nations Conscious Fashion and Lifestyle Network, a joint initiative of the United Nations Office for Partnerships and the Fashion Impact Fund.
Messe Frankfurt will also be stepping up its activities abroad. Around 20 premiere events are planned between 2023 and 2025. The Group’s global portfolio of more than 50 locations and its worldwide sales network of 28 subsidiaries and over 50 sales partners have played an important role in the strategic orientation of the company for more than three decades. The group of companies is one of the world’s largest global players in the industry.
Construction work around the Messeplatz entrance and Sparda Bank Tower project – owned and built by Sparda Bank – on the south side of Frankfurt’s exhibition grounds is proceeding according to plan. With the realization of the Messeplatz entrance by 2026, the new representative face of Messe Frankfurt will further optimize the already good accessibility of the exhibition grounds for guests and also further increase the quality of the stay.