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MCI Group achieves record £112m in gross margins

International company benefits from American investment, including launch of Black Flower Agency

Pictured: Sebastien Tondeur, MCI Group CEO

MCI Group has reported a "record year" following a 25 per cent increase in growth margin, exceeding expectations made in the first half of 2015.

The international events company achieved gross margins of €148 million, (£112m) up from €119m (£95m) in 2014, following significant investments made in the North American market. They include the merger with Coulter Companies and rebranding it MCI USA, and the launch of its New York luxury brand division, Black Flower Agency.

MCI Group says its ambition is for further expansion in the Americas and development in new digital and technology services.

The group also enhanced its worldwide reach with office openings and further acquisitions in Macau, Istanbul, Toronto, Rio and Sao Paulo, Washington and New York, boosting MCI's office numbers to 60 across 31 countries.

In 2015, MCI delivered 5,100 projects worldwide, including work with the EU for Milan Expo where it created a dynamic Pavilion experience for 20 million on-site visitors.

Other high-profile events include work with luxury brands Chanel, Gucci and Cartier, while it also delivered an experience for 3,266 guests at the leading equestrian event Longines Masters.

Sebastien Tondeur, CEO MCI Group, said: “MCI is a fast growing company that will continue on its journey to success. My vision is that our employees and clients are at the centre of innovation. I have always believed that people and relationships change the world. This is why we are in the business of harnessing the power of community. In the digital age our community management and experiential events services are relevant for our clients’ success."

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