The Messe Düsseldorf Group has succeeded in slightly revising its turnover upwards to EUR 136.8 million for the business year 2020 against the preliminary figures published in December 2020 (EUR 131.5 million). Compared with the high-turnover year 2019 (EUR 378.5 million), the Group posted a 63.8% decline in sales due to the impact of the COVID-19 pandemic. The loss after tax amounts to EUR 53.5 million (previous year +EUR 56.6 million).
Thanks to sound and sustainable management over the past strong business years, the Group of companies can continue to enjoy a strong equity base at EUR 434.3 million (previous year EUR 518.6 million). At 62.2% (previous year 66%), the equity ratio continues to be high. This means that the Group of companies has a stable basis for overcoming the current situation.
„We focus on both cost savings and on strategic measures for further business development.“
Messe Düsseldorf GmbH has posted a turnover of EUR 126 million and hence a 63.4 decline versus 2019 (EUR 344 million). The GmbH loss after taxes amounts to EUR 43.5 million (previous year EUR +50.8 million). The equity capital base at EUR 385.6 million (previous year EUR 448 million) and the equity capital ratio at 60.1% (previous year 64%) remain high. These figures are also slightly higher than the preliminary figures published in December.
Currently, Messe Düsseldorf GmbH's forecast for the current 2021 financial year does not have to be adjusted downwards and, as things stand, continues to stand at a turnover of EUR 107.3 million and a loss of EUR 77 million. Messe Düsseldorf CEO Wolfram N. Diener sees the consistent forecast as the result of the company's sustainable management. "On account of the continued strong impact of the COVID-19 pandemic on the exhibition business as a whole, we plan prudently and with long-term effect. We focus on both cost savings and on strategic measures for further business development."www.messe-duesseldorf.com