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Growth in turnover, profits and team

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Absolute Corporate Events is proud to report a target-busting increase in turnover and gross profit for 2016, with more growth expected for 2017.

Turnover has almost doubled from 2015 to 2016; to £6.3m, with gross profit increasing by more than 25% to £795k.

2017 is forecast to increase turnover by a further 10% and gross profit by 35%. Largest growth has been seen in event production and international incentives, where ACE offers a unique, personalised and creative service, under the watchful eye of MD and Exec Producer, Chris Parnham Largest sector growth has been seen in financial services, and most destination growth has been seen in Asia and South America, both for conference and incentive business.

2016 and 2017 have seen significant investment in people and systems, with four more new starters on-boarded this summer.

Jamie Hunter comes fresh from venue group sales as a new Business Development Manager for ACE, working for Sales Director, Jacquie Freer.

Georgina Williams joins as a new Venues Executive, coming from Ashfield World Events, and James Jackson joins as a new Production Assistant, bolstering ACE’s production service which includes inhouse design, video and content development.

Sarah Gibbs joins as a new Finance Executive, supporting ACE Financial Controller Charlotte Rowatt.

Chris Parnham, owner of ACE since 2013 said; “It’s absolutely terrific to see on-target growth for another year. The company now has 10 times the turnover it had when I took over 4 years ago, and more importantly we are lucky to have 10 times the experience and talent in a terrific team, now 20- strong. I believe we are crafting out a niche of tailored, focused and creative events that drive tangible change for their audiences. An event is a moment in time, after which something should change. If nothing changes, then it’s not an event, it’s just a gathering. The ACE teams deliver real events; events that change people.”

ACE is holding its annual Partner Awards event this Thursday, which is an intimate gathering at Chris’ home, to thank the company’s most loyal and productive supply partnerships.

 

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