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The ACC Liverpool Group releases latest financial results

The ACC Liverpool Group released its latest financial results which show a strong recovery to above pre-pandemic levels.

O Grupo ACC Liverpool divulgou seus últimos resultados financeiros, que mostram uma forte recuperação para níveis pré-pandêmicos acima. Ano de negociação antes da pandemia. A perda líquida do grupo antes do imposto representa uma melhoria de £ 4,3 milhões no ano encerrado em 31 de março de 2020 e uma melhoria de £ 2,4 milhões no ano anterior. O gabinete do Conselho da Cidade de Liverpool concordou recentemente novos acordos de governança e arrendamento de longo prazo para o grupo do ACC Liverpool, o que reduzirá a carga financeira sobre os contribuintes do conselho e garantirá que o complexo continue a impulsionar a economia dos visitantes da cidade. Um plano de reembolso em circulação, em grande parte devido ao concordante, a parte do acordo, a parte do acordo, a parte de reembolso. Disse: “Este é um conjunto realmente encorajador de resultados comerciais que refletem nossa forte recuperação, após um retorno bem -sucedido de eventos ao vivo de capacidade total e o impacto das iniciativas direcionadas de melhoria de negócios. Pessoas. Reduzimos nossas perdas operacionais em mais de 2,4 milhões de libras no ano passado e estamos confiantes de que continuaremos nessa trajetória positiva, graças ao trabalho duro de nossa talentosa equipe. ”

The group which operates the M&S Bank Arena, ACC Liverpool, Exhibition Centre Liverpool and Pullman Liverpool, delivered turnover of £30.0m for the year ended 31 March 2023 compared to £24.5m for the year ended 31 March 2020 – its last year of trading before the pandemic.

Audited group accounts show net profit before exceptional items and pension accounting of £1.3m, a £2.5m improvement on the result achieved for the year ended 31 March 2020, and a net loss before tax of £1.76m – stated after adjustment for excess energy costs and the non-cash impact of the latest accounting valuation of the company’s pension scheme. The group’s net loss before tax represents a £4.3m improvement on the year ended 31 March 2020 and a £2.4m improvement on the prior year.

The ACC Liverpool Group has reduced monies owed to owners Liverpool City Council with the amount already decreased from £7.1m to £3.46m, with a further £1.1m to be paid shortly. Liverpool City Council’s Cabinet recently agreed new long-term governance and lease arrangements for The ACC Liverpool Group which will reduce the financial burden on Council Tax payers and ensure the complex continues to drive the city’s visitor economy.A repayment plan for outstanding sums, largely due to the Covid-19 pandemic, forms part of the agreement.

Faye Dyer, chief executive of The ACC Liverpool Group, said: “This is a really encouraging set of trading results which reflect both our strong recovery, after a successful return to full capacity live events and the impact of targeted business improvement initiatives.

“We are pleased to continue our close working relationship with Liverpool City Council which has been hugely successful since our campus opened in 2008 and remain focused on fulfilling our agreed repayment plan with our landlord, while continuing to invest in our facilities, services and people.

“Events such as Eurovision, World Gymnastics Championships and the Labour Party Conference have supported our return to large scale events but trading conditions remain challenging with ongoing intense economic pressure on energy costs and labour rates. We have reduced our operating losses by more than £2.4m in the last year and we are confident that we will continue on this positive trajectory thanks to the hard work of our talented team.”

O ACC Liverpool Group é que este ano comemoram 15 anos de impacto ao vivo, desde que mais de 8,3 milhões de visitantes e que geram £ 2.1bn em um impacto econômico. A Conferência do Partido Trabalhista pela quinta vez e organizou o concurso de músicas do Eurovision em nome da Ucrânia em maio. Região, dando aos visitantes a oportunidade de reunir e desfrutar de seus artistas favoritos ou de compartilhar conhecimento em conferências, sem mencionar seu impacto na economia dos visitantes.

It recently welcomed the Labour Party Conference for the fifth time and hosted the Eurovision song Contest on behalf of Ukraine in May. Highlights for 2024 include Girls Aloud & Eric Clapton in sport & entertainment, and business events such as The European Society for Paediatric Endocrinology and the RCGP Annual Conference and Exhibition.

Cllr Liam Robinson, leader of Liverpool City Council, said: “Live events are crucial to the region, giving visitors the opportunity to gather and enjoy their favourite artists or to share knowledge at conferences, not to mention their impact on the visitor economy.

“The importance of events was hugely apparent during the pandemic reflected in the high numbers of people returning to live events when they were able to. The industry suffered significantly, and it is therefore extremely encouraging to see The ACC Liverpool Group reporting a strong set of trading results which continue to look positive for the future.

“The organisation is making huge strides not only in the events it delivers but across all areas of the organisation putting social value plans at O coração do que eles fazem. ”

The organisation achieved carbon neutral status after working with leading sustainability organisation Carbon Neutral Britain to measure its total organisational emissions and put a carbon reduction plan in place, offsetting its carbon footprint with credible, high-quality projects.  Environment, sustainability and climate action are key focuses for its Social Value Impact Plan, which is about to enter its third year, with the company focused on achieving carbon net-zero by 2030. 

O ACC Liverpool Group também recebeu dois membros adicionais do conselho este mês. Nuala Gallagher, diretora corporativa de desenvolvimento da cidade e Kate Bull, diretor de habilidades de estratégia econômica e sustentabilidade, juntou -se ao conselho do Conselho da Cidade de Liverpool. Variedade de eventos culturais para a comunidade local e mais ampla de se sentir parte. Estamos orgulhosos de contribuir com a imagem da região da cidade como um lugar atraente e inclusivo para viver, trabalhar e investir. ” Downtown in Business

Dyer added: “The additional knowledge and experience that the new members will bring to the Board will help us to deliver our ambitious strategic plans; alongside the opportunity it provides to further strengthen partnership working between our two organisations.

We look forward to continuing to deliver a wide variety of cultural events for the local and wider community to enjoy and feel part of. We are proud to contribute to the city region’s image as an attractive and inclusive place in which to live, work and invest.”

Downtown in Business