Quarterly figures - Munich Trade Fair with strong sales
The profit of the trade fair company, which belongs to the Free State and the City of Munich, was 26 million Euros, which is almost half of the previous year. The main reason for this was high investments, the company stated.
The foreign subsidiaries, especially in China, contributed almost 100 Million Euros to the turnover. The largest drivers in the core business in Munich were the completely booked construction trade fair, the travel and leisure fair Free, and the transport logistic fair, according to Pfeiffer. The positive trend continues in Munich this year, with Economy and Science seeking these stages intensively.
The quarterly figures for the trade fair company in Munich showed a significant improvement, surpassing the previous quarter by 5 million Euros. Bavaria's trade fair company, based in Munich, reported a quarterly turnover of 200 million Euros, mainly due to successful fairs like Bauma in Munich Trade Fair. The quarterly figure for construction-related events in Bavaria, such as Bauma, was particularly impressive, contributing greatly to the company's overall revenue.
