news
global leadership
PCMA Announces Plans for Global Growth
New and Expanded Leadership Structure for APAC, EMEA and LATAM Regions.
business intelligence
IACC Americas Connect 2021
Takes Place Using MultiPOD Format.
Hotel news
Qatar to open 105 new hotels
as it gears up for FIFA World Cup 2022.
hotel news
InterContinental hotel in the works for Montenegro
InterContinental hotel in the works for Montenegro

Online Promotions with Alliances
Invited Seoulites to Lift up the MICE Industry.
30 nov - 2 dec 2021
IBTM World Launches Hosted Buyer Registration
- Event will take place in a hybrid format.
new job
Events Industry Council
appoints Director of Certification.
15th year
Union of International Associations (UIA)
opens registration for its hybrid Associations Round Tables Asia-Pacific and Europe 2021.
22-24 November 2021
Smart Cities & Sport Summit 2021
in Copenhagen.
new job
MCI names Oscar Cerezales
Chief Strategy Officer.
RSS
rss_icon
Links
AIM Group International’s Annual Report Shows Steady Growth for 2018

Increased EBITDA and overall turnover, diversification of the business, major events realised and acquired are among the flagship results.

AIM Group International, a leading company in congresses, events and communication, publishes its Corporate Annual Report 2018 and announces positive economic and business results.

2018 was marked by significant achievements in a number of areas including new business acquisitions; efficient organisation of an impressive number of congresses and events; client diversification and financial consolidation. The major projects realised include investments in communication, with the acquisition of the majority stake of VanGogh agency which enabled the Group to enlarge the range of services offered, and the opening of a new office in Barcelona.

“Thanks to these accomplishments, led by the entire management team and supported by everyone’s hard work, AIM Group looks positively to the future” underlines Gianluca Buongiorno, president AIM Group International. “Our new Business Plan is orienting us to be stronger, with an enhanced international profile and, most importantly, with a financially robust position”.

In regard to the details of our economic results, our 2018 Consolidated Balance is positive with both the EBITDA and overall turnover recording a double-digit increase compared to the 2017 results. The EBIDTA is almost 2.7 million euro, representing 3 % and recording a +28 % increase compared to the 2017 EBITDA, and the overall turnover is 99 million euro, with a +13 % of growth. When including those companies not fully owned by the Group, the overall turnover surpasses 110 million euro. These results are in line with the Business Plan 2018–2020 which sets the future financial goals with the EBITDA at 5 %.

“In 2018, we launched the Business Plan 2018–2020, based on the solid results achieved” explains Gianluca Scavo, CEO AIM Group International. “Our ambitious development path focuses on three main priorities: consolidation of our business portfolio; new strategic acquisitions; and the opening of new offices in dynamic destinations. Finally, the value that we emphasize in our plan is growth coupled with high profitability.”

“Quality and innovation will continue to be our main drivers over the years” adds Gianluca Buongiorno. “Association and corporate clients require to provide more value and innovate the way to deliver effective events. It is a common challenge in the industry and we are confident that, thanks to our investments, expertise, long experience and staff professionalism, we will continue to further position AIM Group International as a global leader in the meetings industry”.

 

2018 Highlights:

  • 2018 Consolidated Results: Turnover 98,974,000 euro, Direct costs 82,793,000 euro, Staff Costs 13,487,000 euro, EBITDA 2,693,000 euro.
  • +3,000 events organised with 430,000 handled delegates, 440,000 managed room nights.
  • The acquisition of the majority stake of VanGogh creative communication agency.
  • Several international awards received for outstanding events projects.
  • The certification of Ethical MedTech Trusted Partner.
  • The adoption of a new Corporate Code of Ethics.

 

The complete Annual Report 2018 is available on the AIM Group website.


AIM Group International

Barcelona, Berlin, Brussels, Budapest, Dubai, Florence, Hamburg, Lisbon, Madrid, Milan, Munich, New York, Paris, Philadelphia, Prague, Rome, Vienna. At AIM Group International we have worked in the meeting and event management industry for almost 60 years committed to help clients reaching their goals, to personalise their event experiences, to provide an innovative environment, and to make a difference. Services & Solutions: Professional Congress Organizer (PCO) - Association Management Services (AMC) – Communication Agency – DMC Services – Meeting and Event Management – Continuing Medical Education – Healthcare and Pharma Meetings. aimgroupinternational.com

Photo: Gianluca Buongiorno, president AIM Group International.