Ashfield Meetings & Events has announced its results for the financial year ending September 2014.
EBIT (Earnings Before Interest & Tax) for the period was $5.841m compared to $6.298m in the previous 12 month period. The numbers have been consolidated from accounts covering the company’s operations in the US, UK and mainland Europe.
Commenting on the performance Nicola Burns (Global Managing Director) said: “We have made a number of investments in the financial year such as our move into new office space in the UK. We have also developed and strengthened our fast growing global engagement offering and launched our new consultancy brand SPARK THINKING. These investments are already delivering against their strategic intentions. We are offering more services to our clients than ever before while at the same time molding our business to ensure it is fit for the future needs of all our stakeholders. With these investments these are very encouraging numbers, particularly with the backdrop of regulatory changes in the healthcare meetings and events sector.”
Burns concluded by saying: “We have a solid pipeline of both new business opportunities and existing business development. This should help to ensure steady growth over the next 12 month period. The recent appointment of Jo Brook as Engagement Director will ensure a continued focus on growth and revenue across these exciting services. The combination and collaborative working across the engagement team and SPARK THINKING has already provided a number of new client wins. We should be in a position to share some exciting news in this regard in the coming weeks.”