Koelnmesse achieves record-breaking year in 2019
Cologne, 20th May: International exhibition organiser, Koelnmesse, reported a new record in 2019, with revenues of €412.7 million (US$462 million), a 15% increase compared with the same figure in 2017 (Koelnmesse compares odd years due to the number of biennial events in its portfolio.) Net income in the year was €30.5 million (US$34 million). The company’s management attributed the success in 2019 to the strong performance of its own events as well as the performance of its venue in Cologne.
According to Koelnmesse, the company organised a total of 78 trade fairs and exhibitions worldwide in 2019. More than 45,000 exhibitors from 120 countries and some 2.3 million visitors from over 200 countries attended their events. Among the 78 events, 25 were held outside Germany. Revenues from international trade fairs and exhibitions increased by 2.4% compared with 2018 – reaching €37.7 million (US$42 million).