BI WORLDWIDE's half year figures (1 July – 31 December 2010) show profits have risen through client growth and that it's on track to achieve its target PBT of £400k this year.
2009/10 was a tough year for us when we experienced a larger than expected decrease in events business and underwent a significant re-structure. However, a number of new client wins in both Performance Improvement and Events has seen turnover increase by more than 15% in the first six months.
In particular, BI WORLDWIDE's Events business has seen an increase in the number of conferences operated and a return of confidence in the incentives sector. Increased activity with existing clients such as: Chevrolet, Lexus and Toyota, as well as new clients wins in both the financial have contributed to this growth. BI WORLDWIDE has also confirmed its first London 2012 programme with a major Olympic sponsor.
After two very difficult years, it is very pleasing to see the changes that we've made to the business produce such positive results. This is testament to the commitment and hard work of our associates.