QEIIC sees 'buoyant' financial results

16th October 2009

The Queen Elizabeth II Conference Centre (QEIICC) has announced resilient financial results for the first six months of 2009, with net surplus from trading doubling last year's forecast.

Income was ahead of budget during the first half of the year, according to the latest figures from the venue.

Ernest Vincent, chief executive at the QEIICC, said bosses changed the forecast a year ago based on gloomy predications for the economy and the impact of the recession on the events industry.

"It hasn't turned out the way we expected and trading has remained very buoyant. We've lost some occupancy but nothing like the figure anticipated," he added.

Mr Vincent went on to say that he hoped the performance would be maintained for the rest of the financial year.

The QEIIC recently announced that Sue Etherington had been promoted from international sales manager to acting commercial director following the departure of Jonathan Byrne.