Sales at Kölnmesse exceed 400 million euro for the first time

Corporate strategy is rewarded

ch - Thursday, February 27, 2020    

Sales at Kölnmesse exceed 400 million euro for the first time
Photo: Koelnmesse

The Kölnmesse group ended fiscal 2019 with record sales of over 400 million euros and an annual profit of over 30 million euros. "This is a new record for our company. We plan to defend the 400 million euro mark beyond 2020, as well", says President and CEO Gerald Böse. The sustained success is also a result of the company's long-term strategy centred on internationalisation, digitalisation and location development. In particular, the focus will be on its portfolio by strengthening existing and establishing new trade fairs. This will be the task of the new Chief Operating Officer Oliver Frese, who joined the company at the start of January. The revenue achieved in 2019 was twelve percent higher than the previous record year 2017. Since 2009, revenue has risen around six percent on average, which corresponds to an absolute increase of around 170 million euros over this period, according to Kölnmesse.

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Markets | Kölnmesse | Profit