Motivcom events division motors ahead 40%

A forty per cent growth in events business has helped drive the Motivcom group to record profit.
 
The events and communications business of Motivcom produced a 40 per cent growth in gross profit, the company reported 6 April.
 
Overall, the Motivcom group reported strong growth in the year ending 31 December 2010 resulting in a 22 per cent increase in gross profit to £27.7m and a 24 per cent increase in headline operating profit to £4.76m.
 
Motivcom Executive Director of Events and Communications, Nigel Cooper, said 2010 had been an excellent year for his division, with record turnover, income and profit.
 
“We have seen many clients returning to more robust and substantial sales and marketing activity and events continue to be an integral element of success in this arena,” said Cooper.
 
Do you have news for CN? Email: pcolston@mashmedia.net

Paul Colston

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Paul Colston

Managing Editor, Conference News & Conference & Meetings World.

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