{"id":7071,"date":"2025-01-17T14:08:55","date_gmt":"2025-01-17T14:08:55","guid":{"rendered":"https:\/\/www.jbrecruitment.co.uk\/?p=7071"},"modified":"2025-01-17T14:08:55","modified_gmt":"2025-01-17T14:08:55","slug":"hyve-group-achieved-60-revenue-growth-in-2024","status":"publish","type":"post","link":"https:\/\/www.jbrecruitment.co.uk\/hyve-group-achieved-60-revenue-growth-in-2024\/","title":{"rendered":"Hyve Group Achieved 60% Revenue Growth in 2024"},"content":{"rendered":"<p><strong>Hyve Achieved 60% Revenue Growth in 2024<\/strong><\/p>\n<p>Hyve Group closed 2024 with a <strong>60% revenue increase<\/strong>, reaching <strong>$316m<\/strong>, driven by 17% organic growth and acquisitions of <strong>HLTH<\/strong> and <strong>POSSIBLE<\/strong>, expanding into healthcare and marketing sectors.<\/p>\n<p>Key drivers include:<\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Launch of <strong>Shoptalk Fall <\/strong>event<\/li>\n<li>Expansion of events and growth across meeting programs (190,000 one-on-one meetings, 96% completion rate, up 27% from 2023)<\/li>\n<li>Integration of acquired events<\/li>\n<li>Implementation of digitization strategy<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><strong>CEO Mark Shashoua\u2019s Insights<\/strong>:<\/p>\n<p>\u201cIt has now been eighteen months since Hyve became a private business and in that time, we have accelerated our growth plans.<\/p>\n<p>\u201cWith a proven strategy in place, we have continued to deliver game-changing impact for our customers.<\/p>\n<p>\u201cOur strong financial performance has been driven by our team\u2019s relentless focus on innovation \u2013 adding a Fall edition into our Shoptalk portfolio, scaling existing events through our expanded meeting programmes and securing two major acquisitions, taking us into new and exciting growth sectors.\u201d<\/p>\n<p><strong>2024 Achievements<\/strong>:<\/p>\n<ul>\n<li>HLTH became the company\u2019s largest revenue generator, while POSSIBLE saw increased customer engagement.<\/li>\n<li>Introduced <strong>GO27<\/strong>, a three-year growth plan targeting market expansion, customer retention, and portfolio growth.<\/li>\n<li>Hyve expanded its leadership team with new positions including Chief Operating Officer, Executive Vice President of Global Brands, Transformation Director and more.<\/li>\n<\/ul>\n<p><strong>2025 Outlook<\/strong>:<\/p>\n<ul>\n<li>Plans include organic growth, targeted M&amp;A, and continued leadership in global events, supported by a strong balance sheet.<\/li>\n<li>Hyve operates 30 events across 10 sectors, with over <strong>3,000 speakers<\/strong> delivering <strong>500 hours of content<\/strong> in 2024.<\/li>\n<\/ul>\n<p>With a <strong>Net Promoter Score of 46 across major events<\/strong>\u00a0and 650+ employees, Hyve aims to maintain momentum into another transformative year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hyve Achieved 60% Revenue Growth in 2024<\/p>\n","protected":false},"author":16,"featured_media":7074,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","footnotes":""},"categories":[73],"tags":[],"class_list":["post-7071","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.jbrecruitment.co.uk\/af-api\/wp\/v2\/posts\/7071","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.jbrecruitment.co.uk\/af-api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.jbrecruitment.co.uk\/af-api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.jbrecruitment.co.uk\/af-api\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/www.jbrecruitment.co.uk\/af-api\/wp\/v2\/comments?post=7071"}],"version-history":[{"count":1,"href":"https:\/\/www.jbrecruitment.co.uk\/af-api\/wp\/v2\/posts\/7071\/revisions"}],"predecessor-version":[{"id":7075,"href":"https:\/\/www.jbrecruitment.co.uk\/af-api\/wp\/v2\/posts\/7071\/revisions\/7075"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.jbrecruitment.co.uk\/af-api\/wp\/v2\/media\/7074"}],"wp:attachment":[{"href":"https:\/\/www.jbrecruitment.co.uk\/af-api\/wp\/v2\/media?parent=7071"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.jbrecruitment.co.uk\/af-api\/wp\/v2\/categories?post=7071"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.jbrecruitment.co.uk\/af-api\/wp\/v2\/tags?post=7071"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}