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Major Dutch venue builds for the future
0 Comment(s) 23/06/2008 +0100 GMT star full star full star half star blank star blank
by Pete Roythorne   Printable version

Amsterdam RAI achieved a net turnover of €133.3 million in 2007, which was 15.3% more than in 2006. The operating profit was €12.5 million, a drop of over 3% compared with 2006, which was a top year for Amsterdam RAI thanks in part to a number of very large events. Net profit fell by just under 23% to €7.3 million.

This drop was almost entirely due to the fact that corporation tax had to be paid on the entire profit for the first time again in 2007. The 600-odd events held at Amsterdam RAI in 2007 attracted a total of over 1.8 million visitors.

 


Amsterdam RAI: Investing heavily for the future

 

In the past year, Amsterdam RAI once again invested heavily in its exhibition and conference complex. This is most visible in the construction of the RAI Elicium, the high-quality addition at the front of the complex, as well as in the refurbishment of the existing facilities.

The Elicium will enable Amsterdam RAI to adopt an even more emphatic presence in the market for large, international, multi-day events from 2009 onwards. Capital expenditure on the complex totalled €22.2 million in 2007.

Amsterdam RAI expects turnover and profits in 2008 to exceed the 2007 level. Confidence in the longer term future is boosted by the fact that several new large events for the post-2008 period were booked in the past year. Multi-year contracts have also been concluded for various existing large events.

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