EEF Venues reports 12% increase in first quarter sales

Event venue management group, EEF Venues, says its first quarter trading results have revealed a 12 per cent increase in sales revenue over year-to-date figures for the same period last year.
 
The increased sales are right across the group’s three AIM-accredited venues: Broadway House (Bristol), Engineers’ House (Bristol) and Woodland Grange (Leamington Spa) and are across multiple income streams including residential and non-residential conference bookings.

The double-digit growth significantly surpasses UK GDP growth for the first quarter, EEF Venues says.
 
“We usually use GDP growth rate as a bench-mark as we find that improving performance and optimism in the manufacturing and construction industries can impact positively on the conference and venues market. To have out-performed British economic growth is beyond our expectations, and we predict similar success throughout our second quarter,” says Director of Venues for EEF Venues, David Vaughton (pictured)
 
“Increased corporate confidence, coupled withsharper and more proactive negotiating skills and better levels of engagement have all impacted positively on our results this quarter,” he adds.
 
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Paul Colston

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Paul Colston

Managing Editor, Conference News & Conference & Meetings World.

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