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    Global turnover growth expected

    UFI, the Global Association of the Exhibition Industry, has released the results of its 11th Global Barometer survey on the state of the exhibition industry. For the first time since 2008, the outlook is positive with a majority of companies in all regions reporting increases in turnover. The first half of 2014 is the first period since the survey was initiated during which all regions indicate three companies out of four expecting growth in turnover.

    This growth rate has applied since 2010 in Asia/Pacific and the Americas (with the exception of 2012). In the Middle East & Africa it was reached only in the second half of 2012 and is now also anticipated in Europe by the beginning of 2014. However, the turnover growth does not translate directly into operating profit, as fewer than 50% of companies in all regions (except the Americas) project a +10% profit increase compared to 2012.

    For both 2012 and 2013, a slight majority of companies in the Americas hav e reported an increase of more than 10% in their annual profit. The Americas remain the only region with a majority of respondents declaring that the impact of the “economic crisis” on their exhibition business is now over. Of those companies who see the economic crisis continuing to have an impact, almost 10% anticipate it will end in 2013, 40% in 2014, and another 50% in 2015 or later. Paul Woodward, UFI Managing Director, commented, “These results indicate a positive outlook across all regions in terms of turnover increase.

    Exhibitions continue to be an excellent indicator of economic development. While remaining cautious about the global economic environment, these current survey results are good news for us all.” Conducted in June 2013, this edition of the survey was answered by 217 companies from 56 countries. www.ufi.org/research

     

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    EXSA enables connections through the networking and communication of our Forums and via our website (www.exsa.co.za).

    Besides providing EXSA’s directory of members, an exhibitions calendar and news feed, the EXSA website also offers a wealth of knowledge and industry guidelines available to its members.

     

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