Baden-Württemberg: Messe Friedrichshafen does not need any financial support for the time being

Friedrichshafen (dpa/lsw) - Messe Friedrichshafen no longer needs financial aid after the Corona crisis.

Baden-Württemberg: Messe Friedrichshafen does not need any financial support for the time being

Friedrichshafen (dpa/lsw) - Messe Friedrichshafen no longer needs financial aid after the Corona crisis. In 2020, after a drop in sales as a result of the outbreak of the pandemic, the trade fair had to suspend the rental payment for the area to the holding company and required a capital reserve of five million euros from the city of Friedrichshafen, the operating company announced on Friday on the basis of its balance sheet for the past financial year With. This is no longer the case for 2021 and 2022.

The sales of the trade fair recovered noticeably in 2021 compared to the previous year - from 6.2 million euros to almost 16.6 million euros. However, the operating company was still a long way from the values ​​before the pandemic began: In 2019, sales were 26.6 million euros. Due to Corona, only 5 of 13 of our own shows took place on the site last year. Nevertheless, the annual result for 2021 was around 2.2 million euros, according to the operating company.

In the current financial year, the trade fair is again expecting a drop in sales because no events were possible until March due to corona. Money from the Fairnamic cooperation with Messe Frankfurt, which was launched last year, will only flow from next year, said Messe Managing Director Klaus Wellmann. As part of the deal, the Eurobike bicycle show moved from Friedrichshafen to Frankfurt, and the trade fair there invested a lot of money in the new joint subsidiary.