Events Division Highlights FY19:
Managing Director Alex Kent commented:
"The development of our Events division has been a strategic priority for Aspermont since we started this new business just over two years ago.I am delighted to reportthat in FY19 the business surpassed three significant milestones: We doubled revenues in a year, we had 1,596 attendees at our events and the division moved into profitability. These achievements validate our unique integrated offering and bring growth momentum.Over the next few years we expect our Events divisionto continue to grow while enhancing the organic growth in our other business streams."
The table below provides the essential statistics on growth for the first two years and we expect a significant increase in all categories in our third year:
|Key Events Metrics||2018||2019*||1 Year Growth|
|Number of Events||3||5||67%|
|Number of Paid Delegates||120||264||120%|
|Number of Sponsors||64||117||83%|
|Events Division Profit / Loss||Loss||Profit|
2019*: figures are unaudited management forecast as at 26.9.19; for the year ending 30.9.19
Two years ago, in July 2017, Aspermont successfully established the 100% owned Aspermont Events businessto serve the mining, energy and resource sectors. As the leading media services provider to the global mining and resource industries with offices in four continents, Aspermont is uniquely positioned to build a global rather than a regional Events business. Our experience over the past two years confirms there isserious demand in the mining industry for events set within a global context. Our Events business is building momentum as it goes global and is now monetising our intrinsic competitive advantage.
Aspermont's Future of Mining (FOM) conference,a new and unique Eventseries, was launched in May 2018 in Sydneyand has now been rolled out in Denverand in London. The FOM conferences address critical global issues such as safety, sustainability, and theenvironmental and regulatory issues which challenge our industry today. They are also a platform for the industry to showcase the latest innovations and technologies that are driving the sector into anew era. The FOM Events are well supported by world leading companies in the resource sectors. An important element of the FOM Events is the leadership provided by Mining Journal Intelligence which sets the context through the World Risk and Global Leadership reports for the mining industry.
At the same time, Aspermont has also established the Mining Journal Select Events where the companies presenting are carefully selected to showcasethe best new projects,business plans and management teamsin the world today. Our focus is to curate events which represent qualityin a global context rather than quantity at a regional level. Our attendee levels have tripled, and major companies are booking participation a year in advance. Mining Journal has introduced a Project Pipeline handbook to again set an objective context.
Aspermont Events is also the publisher of Farming Ahead and supports the agricultural industry through Events such as Farmer of the Year, now in its 10th year. This conference is held at Government House in Canberra with significant Australian Government participation. Aspermont is committed to rolling out media services to the Global agricultural industries from our Project Horizon media distribution platform
For further information please contact:
Alex Kent, Managing Director +44 207 216 6060
David Straface, Company Secretary +61 8 6263 9100
Pegasus Corporate Advisory
Michael Brown +61 400 248 080
Aspermont is the leading media services provider to the global mining and resources industriesand delivers high value, premium subscription-based content through digital, print, social conferencing and events channels. Aspermont's portfolio includes brands such as Mining Journal, Mining Magazine, Australia's Mining Monthly and MiningNews.net. Aspermont has successfully restructured over recent years and has transitioned from print to become the global digital media distributor to the mining and resource industries, now able to focus on scaling new content solutions to better serve new territories and sectors.
Aspermont is listed on the Australian Stock Exchange (ASX: ASP) with offices in offices in London, Australia, USA, Philippines and Brazil.
For more information please see: www.aspermont.com.