Phoenix - parent company of global specialist - based Viad has reached 1 billion $ in revenue for 2012, increased 82.9 million $, is 8.8% from 2011, although the benefit of year-round fell 8.8 million $ in 2011 at 5.3 million $ in 2012.
' ' We have achieved strong growth in 2012, hitting more than 1 billion $ recipes, ' said, ' said Paul b. Dykstra, Viad, president and CEO.
He added: "two business delivered units will comply with guidelines for the year of solid results."
The event Marketing Group & have well, with revenues increasing by 7.3 percent to 902 million $ and the United States base - see even the growth of 6.5%, compared with 2011.
"Income in the group leisure travel & also increased 21 percent to 123.2 million $ that we received the first contributions of season points travel Denali Alaska and Banff International Hotel, and the renovated rooms the Many Glacier Hotel and an increase in revenues bio," said Dykstra.
He added: 'For the year, total revenues increased by 8.8%,.' operating margin increased 140 basis points to 4.1% and earnings before other elements per share almost doubled from 2011
Viad has also recorded losses of 21.2 million $ in the fourth quarter of 2012, compared with a loss of 14.9 million $ during the same period in 2011. The loss of the 4th quarter of 2012 has attributed to "unfavorable tax issues" associated with the foreign tax credits.
Revenue overall Q4, however, saw a slight increase of 3% to 202.6 million $ 197.4 million $ during the same period in 2011.
Marketing & events group, which is part of, the GHG scored positive number in 2012.
Same show of basic income or the income derived from performances that take place in the same city in the same quarter each year, an increase of 6.5% to 281.2 million $ 264 million $ in 2011.
Positive see rotation in 2012 has also helped stimulate growth, for a total of approximately 21 million $ of non-annual shows which took place during the year.
One of these shows was quadrennial MINExpo International, which took place in September at the Las Vegas Convention Center and had a showfloor 860 000 feet square, up to 40% compared to his previous show in 2008.
The show also introduced a total of 1,890 exhibitors nearly 45 percent and more than 58 359 participants, an increase of more than 45 percent.
Dykstra has pointed out several other initiatives to reduce costs that have led to a higher number of GHG.
"2012 has been a very positive year for GHGS. On a year basis revenues increased 7.3%, and we have obtained significant cost and efficiency savings to continue to streamline our network of Service delivery, "he says.
Dykstra said: «since 2008, we have reduced our footprint of U.S. facilities by approximately 1.2 million square feet and conducted more than annualized cost savings 6 million $.» Add to this our initiative to more effectively manage the use of work throughout the year and 2012 GHG operating margin increased 2.0 percent for the year of 0.6 percent in 2011 ".
The next year, however, may be more difficult with some of the largest annual shows not rotating.
However, Dykstra said: "we aim a full year operating margin of 2.5 percent for GHGS in 2013, while win us new business and business more effectively. ''
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