Messe FrankfurtGmbH:57 Petra Welzel: 39,41 Pietro Sutera:38,40 Vincenzo Mancuso:4,5 photos onpages: with theexceptionof Norbert Miguletz Photography Saarbrücken Jan WheelerB.A.(Hons)BDÜ, Translation Dr MichaelSturm Ralf Schirrmann Claudia Lehning-Berge Gabriele Wehrl (managingeditor) Editorial team Klaus Münster-Müller Dr JensSchreiber Editors-in-chief Imprint niepgs utsb uts13 3 g/m Inside pages:Curtisby1.3, 135 Paper Engelhardt &Bauer, Karlsruhe Print Service GmbH,FrankfurtamMain Messe FrankfurtMedienund Publisher Frankfurt amMain thema communicationsag, Concept anddesign Telefax +49 69 75 75-67 60 75-67 75 69 +49 [email protected] Telefax 25 75-56 75 69 +49 Telephone Germany 60327 FrankfurtamMain Ludwig-Erhard-Anlage 1 Unternehmenspresse undPR Messe FrankfurtGmbH Editorial teamaddress 3,000 intwoeditions Print run von Römerturmsuperfinepaper 1 Cover: Curtisby 3 6 g/m .3, 360 2 2 [email protected] 33 75-64 75 69 +49 www.messefrankfurt.com Telefax 75-0 75 69 +49 Telephone Germany 60327 FrankfurtamMain Ludwig-Erhard-Anlage 1 Messe FrankfurtGmbH
Messe Frankfurt Annual Report 2003 Annual Report 2003 EMK AKT.WORLDWIDE MARKETS. MAKE WE FRANKFURT MESSE ERYWHERE EV IS FRANKFURT SENTS MESSE ABLE MESSEFRANKFURT PRE MESSE FRANKFURT ISREMARK FRANKFURTGROWS MESSE A TIVE IS FRANKFURT MESSE CONNECTS FRANKFURT MESSE TTRAC . . hrhles CityofFrankfurt(60%),StateHesse(40%) ofFrankfurt City Subscribed capital: Shareholders: Corporate Group Messe FrankfurtGroupataglance Total area(m Basic data Available coveredspace(m qiy242329312 1,144 67 789 299 984 10 43 701 65 283 851 22 32 13 691 138 52 264 45 779 28 40 335 487 188 15 58 48 35 318 22 46 20 13 52 Employees (total) 30 Balance SheetTotal 311 16 37 Equity 45 Additions tofixedassets 35 275 Cash flow Net incomefortheyear 41 margin in% Pre-tax profit Pre-tax profit and depreciation Amortisation Personnel expenses Sales g Available openspace(m xiios5327167429,812 803,527 45 584,085 7,412 48 609,532 7,136 766,236 5,372 43 31 Net area(m Visitors Exhibitors Number oftradefairs Events overseas iios2253516025215871,609,107 22,537 2,185,817 10 39,777 17,240 1,680,255 19,104 2,215,325 36,089 16,985 22,559 10 51 43,088 20,529 19,141 10 38 37,129 17,988 Net area(m Visitors Exhibitors (foreign) 10 46 Exhibitors (Germany) Exhibitors (total) exhibitions 49 Number oftradefairsand Events inGermany Number ofhalls 9920 012002 2001 2000 1999 m 2 2 5,3 7,6 9,4 217,993 196,041 176,264 159,831 1,428,555 1,443,596 1,612,502 ) 1,381,474 ) 2 4,0 7,0 7,0 476,000 476,000 476,000 440,000 ) 2 5727,6 94883,163 89,408 75,762 75,762 ) 2 9,3 8,3 2,2 324,041 324,023 289,931 291,532 ) 9920 012002 2001 2000 1999 e 108 million,StateofHesse e 72 million 2003 2003 1,616,859 2,713,619 476,000 324,225 293,572 760,746 13,345 83,163 25,601 19,619 45,220 1,213 706 315 353 40 57 10 23 47 69 60 52 10 7 Trade fair venues worldwide Trade fairs in 2004
January Source lt, Hong Kong ISH Kitchen & Bathroom Gulf, Dubai Interior Lifestyle, Tokyo Heimtextil Rossija, Moscow November Hong Kong International 23.03.–25.03.2004 16.05.–19.05.2004 23.06.–25.06.2004 22.09.–25.09.2004 Automechanika Argentina, Frankfurt Stationery Fair Techtextil North America, Atlanta Lightstyle Gulf Light, Dubai • Ambiente Japan, Tokyo Christmasworld Rossija, Moscow Buenos Aires Augsburg 06.01.–09.01.2004 30.03.–01.04.2004 16.05.–19.05.2004 • Heimtextil Japan, Tokyo 22.09.–25.09.2004 17.11.–20.11.2004 Düsseldorf Heimtextil, Frankfurt am Main Intertextile Beijing Spring GardenX, Dubai • Home Design Japan, Tokyo Ambiente Rossija, Moscow Expo Transporte, Guadalajara Hamburg 14.01.–17.01.2004 31.03.–02.04.2004 16.05.–19.05.2004 ITeG, Frankfurt am Main 22.09.–25.09.2004 17.11.–19.11.2004 Karlsruhe Cologne Heimtextil Sunday, Frankfurt am Main Musikmesse, Frankfurt am Main Windows & Doors, Dubai 23.06.–25.06.2004 Passage Asia, Moscow SPS/IPC/Drives, Nuremberg Munich 18.01.2004 31.03.–03.04.2004 16.05.–19.05.2004 22.09.–25.09.2004 23.11.–25.11.2004 Nuremberg TrauDich, Frankfurt am Main Prolight + Sound, Frankfurt am Main Beautyworld Japan, Tokyo July EMT, Mexico City Offenbach 24.01.–25.01.2004 31.03.–03.04.2004 17.05.–19.05.2004 PAACE Automechanika Mexico, 23.09.–25.09.2004 December Sindelfingen Intersec, Dubai CAVIS Congress, Frankfurt am Main Intima Japan, Tokyo Mexico City Licensing Forum, Munich Auto South China, Guangzhou Stuttgart St. Petersburg Toronto 25.01.–27.01.2004 31.03.–02.04.2004 17.05.–19.05.2004 14.07.–16.07.2004 23.09.–24.09.2004 02.12.–04.12.2004 Wiesbaden Moscow Busan Paperworld, Frankfurt am Main Yarn Expo, Beijing Seoul International Consumer APS/SC, Tokyo turntec, Frankfurt am Main Chicago Boston Paris Seoul Tokyo 31.01.–04.02.2004 31.03.–02.04.2004 Goods Fair, Seoul 21.07.–23.07.2004 October 01.12.–04.12.2004 Baltimore New York Istanbul Beijing Chiba Christmasworld, Frankfurt am Main 19.05.–22.05.2004 Wireless Technologies, Sindelfingen EuroMold, Frankfurt am Main Las Vegas Nagoya Atlanta Cairo 31.01.–04.02.2004 April Automechanika Gulf, Dubai August 05.10.–06.10.2004 01.12.–04.12.2004 New Delhi Shanghai handarbeit & hobby, Cologne 23.05.–26.05.2004 Intima America, New York Frankfurter Buchmesse Automechanika Shanghai Guadalajara Hong Kong Guangzhou Mexico City Abu Dhabi February 02.04.–04.04.2004 Media-Tech Expo, Frankfurt am Main 01.08.–03.08.2004 06.10.–10.10.2004 02.12.–04.12.2004 Dubai EMV, Düsseldorf International Window 25.05.–27.05.2004 Ambientar, Buenos Aires Interstoff Asia Autumn, Hong Kong export 21, Frankfurt am Main Kuala Lumpur 10.02.–12.02.2004 Coverings Expo, Baltimore PCIM Europe, Nuremberg 12.08.–15.08.2004 06.10.–08.10.2004 07.12.–08.12.2004 Mumbai Ambiente, Frankfurt am Main 15.04.–17.04.2004 25.05.–27.05.2004 Scantech, São Paulo Heimtextil India, New Delhi 20.02.–24.02.2004 Light + Building, Frankfurt am Main 15.08.–20.08.2004 10.10.–13.10.2004 Texworld Spring, Paris 18.04.–22.04.2004 June Comdex Sucesu-SP, São Paulo ISH North America, Boston As at 21.04.2004 São Paulo 24.02.–27.02.2004 Public Design, Frankfurt am Main Gerontologica, Wiesbaden 17.08.–21.08.2004 14.10.–16.10.2004 Intima America, New York 18.04.–22.04.2004 02.06.–05.06.2004 Tendence Lifestyle, Frankfurt am Main ACS, Frankfurt am Main Buenos Aires 29.02.–02.03.2004 Beautyworld Middle East/Gulf Beauty, Texcare International, 27.08.–31.08.2004 20.10.–22.10.2004 Dubai Frankfurt am Main Music China, Shanghai March 26.04.–28.04.2004 06.06.–10.06.2004 September 20.10.–23.10.2004 International Frankfurt Beauty Week Guangzhou International Lighting Cinte Techtextil China, Shanghai Prolight + Sound Shanghai 05.03.–08.03.2004 May Exhibition + Electrical Building 01.09.–03.09.2004 20.10.–23.10.2004 • Beautyworld Art Frankfurt Technology China Intertextile Shanghai Home Textiles PRO SIGN, Frankfurt am Main • Lifetime 07.05.–10.05.2004 09.06.–12.06.2004 01.09.–03.09.2004 21.10.–23.10.2004 • Passione Marketing Services, Hamburg SMT/Hybrid/Packaging, Nuremberg ISH China, Beijing LinuxWorld Conference & Expo 2004, • COSMETICA 12.05.–14.05.2004 15.06.–17.06.2004 14.09.–17.09.2004 Frankfurt am Main Top Hair Event, Frankfurt am Main IMEX, Frankfurt am Main Facility Management, Düsseldorf Automechanika, Frankfurt am Main 26.10.–28.10.2004 07.03.2004 12.05.–14.05.2004 15.06.–17.06.2004 14.09.–19.09.2004 European Banking & Insurance Fair, Ambientar, Buenos Aires IFFA/IFFA-Delicat, Frankfurt am Main IT-Forum der Sparkasseninformatik, Fehab-Anamaco, São Paulo Frankfurt am Main 11.03.–14.03.2004 15.05.–20.05.2004 Frankfurt am Main 21.09.–25.09.2004 26.10.–28.10.2004 Fur & Fashion, Frankfurt am Main Middle East Toy Fair, Dubai 15.06.–17.06.2004 Tecno Fidta, Buenos Aires Intertextile Shanghai 11.03.–14.03.2004 16.05.–18.05.2004 ABF Franchising Expo, São Paulo 21.09.–24.09.2004 Apparel Fabrics and Accessories Tattoo Convention, Frankfurt am Main Housewares & Hometech Middle East, 16.06.–19.06.2004 Texworld Autumn, Paris 26.10.–29.10.2004 12.03.–14.03.2004 Dubai Optatec, Frankfurt am Main 21.09.–24.09.2004 Auto + Automechanika, Interstoff Asia Spring, Hong Kong 16.05.–19.05.2004 22.06.–25.06.2004 St. Petersburg 23.03.–25.03.2004 Hardware & Tools, Dubai 27.10.–31.10.2004 16.05.–19.05.2004 The Messe Frankfurt corporate group, one of the world’s leading exhibition corporations, organises more than 100 trade fairs world- wide and is one of the few global players in the trade fair sector. The basis for its success are a portfolio of showcase events, the third largest exhibition complex in the world and an extensive net- work of subsidiaries, branch offices and foreign agencies.
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Contents
4 Strategies for the future – management editorial
1 Partnership A strong partner for trade and industry 9 Review of the trade fair sector 10 A good year for Messe Frankfurt: more than 100 trade fairs worldwide
2 Growth Global ideas for progress 15 Growth overseas and internationalisation at home secure the future 16 New Group structure brings more flexibility 17 Focus on Asia 18 Trade fair premières worldwide 19 New services – the quality advantage
3 Market competence Room for competence and emotion 23 More trade fairs than ever before 24 Consumer goods fairs – trends that go round the world 32 Textiles fairs – innovations and trends in the world of fabrics 38 Technical fairs – world novelties in the Automotive, Architecture and Technology sectors Automechanika shapes the future 42 Architecture and Technology form a dual concept 45 Technology spectrum 2004 – IFFA and Texcare International 47 2003: The year of guest shows
4 Fascination Stage for expertise and fascination 53 Festhalle – change artist with a sporting spirit 55 Congresses and conferences – scope for variable concepts
5 Innovation Professionals for creative productions 61 Attractive place of work with future prospects
6 Annual financial statements 67 Report of the Supervisory Board 68 2003 Management Report for the Messe Frankfurt GmbH Group 88 Overall activities of Messe Frankfurt in 2003 96 Consolidated Balance Sheet of Messe Frankfurt GmbH 98 Consolidated Income Statement 99 Statement of Changes in Equity 100 Statement of Changes in Group Fixed Assets 102 Explanatory notes to the 2003 consolidated financial statements 114 Auditor’s Report 116 Supervisory Board of Messe Frankfurt GmbH
7 Panorama 119 Trade fairs in 2003 Trade fairs in 2004 Contact details, Imprint
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Editorial
Strategies for the future – management editorial
Despite all hopes to the contrary, the However, one thing is clear: in these holding company, Messe Frankfurt economic situation in Germany in economically difficult times, success- GmbH, will form a bracket around 2003 remained unsatisfactory, with es are harder to achieve than ever these two companies. This assumes stagnation and consumer resistance before. The fact that although at 23.3 general management, performs all determining the general climate. The billion euros our consolidated result central administrative services and, Iraq war, the respiratory disease SARS before taxes is still satisfactory, albeit most importantly, makes the neces- and the threat of terrorist attacks lower than the previous year’s result, sary capital available. caused additional anxiety among the clearly illustrates the trend. And it world population. These factors con- would be a fatal error of judgement The new corporate structure not only tributed to unnerved consumers tend- to suppose that the situation is likely improves cost transparency and con- ing to do without even necessary to relax in the foreseeable future. sequently the possibilities for optimis- purchases, and not making “pleasure Quite the contrary – competition will ing operations. It also underlines and purchases“ at all. become tougher. promotes entrepreneurial responsi- Michael von Zitzewitz, bility. Above all, however, we are Dr Michael Peters, Member of the Board Uwe Behm, General Manager Chairman of the Board of Management At the Frankfurt trade fair venue, which We see the higher demands that an enhancing our prospects by making has particularly strong associations economy susceptible to ever faster ourselves open to financially or stra- is, for example, already the strongest with the consumer goods and textiles change will make on us in future as a tegically attractive partnerships. To- foreign trade fair organiser in China. industries, we clearly felt the effects challenge that we are ready to meet gether with our shareholders, we can We intend in the coming years to of this trend. On the other side of the with our full commitment. The nec- consider on various levels the possi- reinforce and expand this lead. coin, our internationalisation strategy essary precondition for this, however, bility of entering into well-targeted has paid off and made us largely is that we establish a stronger position. alliances. This offers us a scope that Confident that we are well-positioned independent of economic trends. The In the autumn of 2003, we took the first no other exhibition corporation can to meet future challenges and backed decline in the number of German step towards restructuring the com- currently compete with. Our “Frank- by the good results of the trade fairs exhibitors was almost compensated pany with the spin-off of the “prop- furt Model” – which many consider in the first few months of 2004, we by the increased interest from abroad. erty management company“ Messe pioneering – is not without good rea- are optimistic concerning the road that Frankfurt Venue GmbH & Co. KG. The son stirring up considerable interest lies ahead. This is helped above all Against this background, 2003 was on company is charged with the upkeep within the international trade fair by the knowledge that long-standing, the whole a successful year for Messe and expansion of the exhibition centre sector. loyal business partners around the Frankfurt. We chalked up a number as well as renting out halls and exhi- globe and a strong and highly moti- of achievements in the course of the bition space and providing services. With the decision to establish an Asia vated crew – our employees at home year. For the first time, in conjunction holding, we have taken a further stra- and abroad – are travelling this road with our subsidiaries, we organised In the second half of 2004, we will as tegic step towards strengthening our with us. more than 100 trade fairs in one year. planned spin off the “operating com- position in one of the core regions of With more than 2.6 million visitors, we pany” Messe Frankfurt Exhibition our overseas operations. Messe Frank- counted the second highest visitor GmbH, which will be responsible for furt Asia Holding Ltd. will consolidate figure in the company’s history and our core area of business, develop- and control all activities of our Asian achieved a new record turnover of 353 ing concepts for and organising our subsidiaries, branch offices and rep- million euros. trade fairs at home and abroad. The resentative agencies. Messe Frankfurt
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Messe Frankfurt connects. Supply and demand. Makers and markets. Number crunchers and innovators. Wholesalers and retailers. Designers and manufacturers. Entrepreneurs and consumers. Visionaries and realists. People.
More than 100 times in 2003, Messe Frankfurt built bridges - across national borders and datelines, spanning cultural boundaries and language barriers. Trade fairs are never just a meeting place for companies and products, but above all for people. And this is what makes trade fairs such a fascinating economic factor.
6 7 ➔ 1 Partnership A strong partner for trade and industry Review of the trade fair sector
The difficult economic climate in 2003 From a global perspective, competi- also had a clear impact on the trade tion in the trade fair sector is becom- »Messe Frankfurt enables me to build fair sector. But the first shows in 2004 ing ever keener. With eight of the ten bridges to my customers. It gives me the give rise to hopes of improvement. largest exhibition centres in the world Competition is increasing worldwide located in Europe (four of them in Ger- unique opportunity to exchange ideas, – above all in Asia. many alone), Europe’s – and in partic- ular Germany’s - pole position in the gauge the competition and foster personal A weak domestic market and sluggish international trade fair sector is still contacts.« consumption in Germany brought uncontested. However, while the eco- the German trade fair sector another nomic depression in numerous west- Stephan Koziol, owner of the company Koziol, is a long-standing exhibitor and chairman of the challenging year. According to the ern European countries also adversely exhibitor’s committee for Ambience and Tendence Lifestyle. Ausstellungs- und Messe-Ausschuss affected the trade fair sector in Ger- der Deutschen Wirtschaft (AUMA) e.V., many, business in Asia is booming. Berlin (German Exhibition and Trade Fair Committee), 1.5 per cent fewer A look at hall capacities available exhibitors attended the altogether 142 worldwide illustrates the point. Of the Again in 2003, the difficult economic supra-regional events held in the 33 exhibition centres with 100,000 reporting year. The number of German square metres or more of exhibition situation took its toll on the German trade companies declined by six per cent, space, 25 are to be found in Europe, Hall capacities and which the three per cent increase in the as is the lion’s share of the globally growth rates worldwide fair sector. Competition is becoming keener number of foreign companies could available space, at 57 per cent. Asia not fully compensate. The total rented and America with 17 and 15 per cent Asia around the globe. By consistently pursuing show space and the number of visi- respectively each have a relatively 58.3 % tors fell behind 2002 by four per cent small share. a strategy of internationalisation, Messe respectively.* If we consider the development over Frankfurt has created a firm foundation for its According to AUMA, the first few trade the past three years, however, a com- fairs in 2004 give rise to hopes of a pletely different picture emerges. America events and made them largely independent slight recovery. The sector also expects During this period, hall capacities in 22 % Other the EU enlargement from May 2004 Europe grew by nine per cent, in North 15.7 % of economic trends. As a result, it remains a to generate positive stimuli, since on America by 13 per cent and in Asia by the whole, there is unbroken foreign over 58 per cent. Europe’s share in the 0.65 mm2 Europe strong, dynamic partner for its customers at interest in German trade fairs. world market has thus declined by four 9% percentage points, while Asia – and 3.1 m m2 home and abroad even in a difficult economic China in particular – is growing at a 8.6 m m2 rapid pace. 2.6 m m2 environment.