Munich (dpa/lby) – The Munich trade fair, which has been badly hit by the corona pandemic, hopes to be in the black regardless of the uncertain global situation. The goal for this year is 250 million to 300 million euros in sales and a profit before taxes and depreciation, as the two managing directors Reinhard Pfeiffer and Stefan Rummel announced on Thursday. Last year, the trade fair posted a pre-tax loss of 33 million euros and achieved less than half of the sales it was used to before the pandemic, because many events could not take place or could only take place online due to the corona restrictions.
The Munich trade fair is the second largest in Germany after Frankfurt and hosts several leading international trade fairs, including the Ispo sporting goods fair and the Expo Real real estate fair. The highlight of the past year was the first-time organization of the IAA motor show, which used to be based in Frankfurt.
