satis&fy Sets Top Sales Mark
In the 2nd quarter of 2008, Frankfurt-based event production expert, satis&fy AG Deutschland, proudly announced an increase in sales – setting a new record of 12.3 million Euros for the fiscal year 2007/2008.
Compared to the same period last year, this represents an increase of 5.3 million Euros making this the best quarterly turnover reported by satis&fy in their 15-year history. Earlier in the year, the event and media-technology expert announced a record turnover of 9.4 million Euros for the first quarter. “Our goal is to reach another record turnover – one of 32 million Euros,”, stated Nico Ubenauf, founder and CEO. “Our fiscal year begins in October and we expect that a positive market environment will help us reach or surpass our target.”
Big Growth in All Areas
In particular, the open-air festival season and various concert tours greatly contributed to the company’s outstanding performance. Such event projects included: Rock am Ring, Rock im Park, The Southside Festival, Mayday, Isarbrückenfest, Die Ärzte, Schiller, REM and Culcha Candela
Exciting Projects
For their long-standing client, NIKE, satis&fy went to Beijing to covert a complete sporting park into a hospitality/media lounge at the Olympics and to Vienna for the EURO 2008 football championship. In Berlin, the company was involved in another megaproject where they installed Europe’s largest LED nightscreen on the industrial monument known as Gasometer. As technical production supplier for many of Germany’s leading event and marketing agencies, satis&fy has also been called upon to produce numerous events for automakers Porsche and Chrysler and Mercedes Benz, assurer Gothaer Allgemeine Versicherung, and Lufthansa. “I am convinced that much of our success comes from our dedicated focus to being a “one-stop solution” for our customers,” explained Ubenauf. “This one-stop business model provides complete technical, creative planning and execution of event productions of any size.”
Headquarter Expansion Progressing
The company is seeing positive corporate development at each of its branch locations, but particularly at its headquarters in Frankfurt. “We’re bursting at the seams,” said Ubenauf. “We’re expanding and, since April, everything appeared to be moving along as scheduled. Two new warehouses have been finished and construction of a third one is near completion.” These new warehouses make it possible for satis&fy to meet the growing need for materials and equipment. To be up-do-date with the latest technologies, the company spends approximately four million Euros a year on new equipment. New offices are planned for the beginning of 2009 at which time a groundbreaking will take place. According to management, the capital expenditure for the overall building project is projected at more than three million Euros.
Promoting its “One-Stop Solution” (OSS) concept, satis&fy AG Deutschland has established itself as the leading European production company for audiovisual event and media technology. Our services range from lighting, sound, audio and audiovisual services to staging technology, exhibits, decoration, graphic and 3D animation. The production company makes use of one of Europe’s biggest equipment pools and a team of more than 200 specialists at their headquarters in Karben as well as three branch offices in Werne, Berlin, and the Netherlands.
For more information, contact:
Katrin Fougeray
phone: +49 (0)6039/9120-983
e-mail: KatrinFougeray@satis-fy.com