BI Worldwide reports 21 per cent increase in events business

BI Worldwide has reported record sales in its financial year ending 30 June 2013, and a 21 per cent increase in its events business. 

Pre-audit results have highlighted a year of growth for BI Worldwide with gross profit up 20 per cent to £8m, turnover up 21 per cent to £23.5m and profit before tax up 15 per cent to £808k.

BI Worldwide says the increases came from existing clients as well as new business wins in the year, and the growth is across all areas of the business.

“I am delighted for all our associates to end the year with a record set of results,” says MD Mike Davies. “It is testament to the exceptional levels of commitment and service we provide to our clients, and it is great to see improvements right across the business, but especially in our core area of incentive travel and events.

“We have grown existing client business, had some great client wins, especially in the automotive sector, and seen a strong performance in our international reward programmes. Our investments in technology and associate performance are paying off, something I expect to continue in the coming year, especially as we are already seeing growth of 13 per cent year-on-year, putting us in a strong position to achieve this year’s goals,” he says.

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Paul Colston

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Paul Colston

Managing Editor, Conference News & Conference & Meetings World.

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