In the ever-evolving world of trade shows, three global producers have emerged as frontrunners in revenue growth. RELX, Informa plc, and Easyfairs have recently reported impressive financials, showcasing substantial increases in their exhibition divisions. Let's delve into the details and explore the success stories of these trade show powerhouses.
RELX: A Global Provider of Information-based Analytics
Discover the success story of RELX, a global provider of information-based analytics and decision tools.
With a presence in over 180 countries and offices in about 40 countries, RELX is a prominent player in the trade show industry. The company employs more than 35,000 people, with a significant portion based in North America.
Underlying revenue growth of 32% for the first nine months of 2023 showcases RELX's strong performance. Exhibitions contribute 12% to RELX's H1 2023 revenue, with double-digit growth in this sector. RX, the exhibitions division of RELX, organizes 400 events across 43 sectors in 22 countries.
RELX has also witnessed increased exhibitor usage of digital tools, highlighting the industry's shift towards embracing technology for enhanced engagement and interaction.
Informa plc: Driving Growth in Major Market Categories
Explore the growth and success of Informa plc, a global trade show producer driving revenue growth in major market categories.
Informa plc, with its diverse portfolio of major brands and global reach, has experienced significant momentum and outperformance in 2023. The company's full-year revenue expectations have been raised to £3.15bn+ ($3.91+ bn), reflecting its strong performance.
Informa Markets, the major division of Informa plc, has witnessed growth in various market categories, including healthcare, pharma, beauty, and luxury. Informa Connect and Informa Tech, the company's other divisions, are also delivering strong growth.
This success can be attributed to Informa plc's ability to meet the evolving needs of its customers and provide valuable platforms for business networking and industry insights.
Easyfairs: Rebounding Strongly and Focused on Sustainability
Discover the remarkable rebound and sustainability focus of Easyfairs, a Brussels-based trade show company.
Easyfairs has demonstrated a remarkable rebound, reporting a 25% increase in recurring EBITDA for the financial year 2022-2023. The company ranks No. 11 in the Stax Top 20 ranking of world exhibition organizers by 2022 revenues.
CEO Anne Lafère attributes Easyfairs' success to the value people place on face-to-face meetings in an increasingly digital world. The company has achieved over 15% organic growth through volume recovery and launches.
Furthermore, Easyfairs is committed to sustainability goals, aiming to halve emissions by 2030 and become fully net zero by 2050. This dedication to environmental responsibility sets Easyfairs apart and resonates with conscious consumers and exhibitors.
The Rebound of the Trade Show Industry
Explore the resurgence of the trade show industry and the factors driving its rebound.
The trade show industry is experiencing a significant rebound as the demand for face-to-face connections and B2B market access remains high. Despite the rise of digital communication, trade shows continue to play a crucial role in fostering meaningful business relationships and showcasing products and services.
RELX, Informa plc, and Easyfairs are optimistic about their future growth and are actively improving their product offerings to meet the evolving needs of exhibitors and attendees. These companies are seizing opportunities to build and expand their businesses, capitalizing on the positive external factors that are driving the resurgence of the trade show industry.
