Hyve up 17% organically
/London, 8th January: London-based Hyve Group Limited posted an organic growth of 17% and total proforma revenue of US$316 million in 2024.
During the year, the company completed two acquisitions in the sectors of healthcare and marketing. More than 190,000 of one-on-one meetings were secured with 96% completion, which is 27% more than the meetings of last year.
In 2025, the company will enter the second year of its three-year growth and optimisation plan. The company targets to grow both organically and via targeted M&A programme.
Mark Shashoua, CEO, was quoted, “It has now been eighteen months since Hyve became a private business and in that time, we have accelerated our growth plans. With a proven strategy in place, we have continued to deliver game-changing impact for our customers. Our strong financial performance has been driven by our team’s relentless focus on innovation – adding a Fall edition into our Shoptalk portfolio, scaling existing events through our expanded meeting programmes and securing two major acquisitions, taking us into new and exciting growth sectors.”