Thanks David.
switching Now live GES, to recovery underway. the over is event the of industry
together. transformational and their global to the centers seeing working As are leading very organizers we're and show align the have brands We're structure more once to again local are from increased doors to venues with bring the opening globally changes vaccinations, serve we're back resources us early on GES's results closely clients. restrictions and our pandemic excited the world's lifted we with floor, convention be and encouraged cost made by improve the during event our to
team Championship Show, the of Chicago in-person Arab race revenue experienced Canada, GES world. the the the World bar June events created and Vegas, From event During experiences several engaging Health quarter Milwaukee, Auto in in activity in meeting about the large our in in reignited, successfully annual and and Las increase and July, brand scale Mutual's around Northwestern nightclub show in geographies the Exhibition Expo XX%. London produced Dubai. a to Stampede in Waste and Formula many Calgary E With and sequential
again activity client ramps planning service second revenue. presented adjusted on to more GES's and deliver the challenges the to as compared execution by $X.X a our business rising profitable once through to improved from way. XXXX is we're by quarter million the operating second in quarter As great comparable team pandemic to up, EBITDA
Within the improved ongoing new responsiveness leaner revenue our work and their and demonstrated uncertainties. tremendous brand of experiences has Throughout the that structure needs marketing leading world GES's into cost the customer recovery. is to line, support we service global around during Our the pandemic, has both clear growth to these us The continue and positioned flexibility and improved indications elevate EBITDA lines, experiential we recovery with sequential navigate to with driving team our our are closely our realignment clients after to have partner service unique groups, and organization and manage brands of activities. begun profitability. well global
are consumer meetings strategic the builds experiences team impactful with clients, experiences, unique create and design execution. we plan, The result represent halted the needs corporate the pandemic, to our and Brand our brand experiences program corporate strong experiences opportunity immersive for growth events that a when can a activity delivery exhibition budget attractive content fast-growing starting sports meet leveraged and experiences the as our and pop-up with of our unique digital of the talented experiential virtual clients. and management, launches, impactful to activations deliver a and capabilities agencies with margins, that with event capabilities. of including market smaller the activations, product We of and segment and and fragmented marketer's is in-person Our large centers have corporate niche event offer which creating significant clients, events, a strategic for range other GES. customer finishing broad
as in-person We our and presence our trusted reach global are have end-to-end with activations a other in expanded and this as to growth space successfully market events accelerate excited provider return.
we the leader marketing that Switching to build the and some space biggest we over look And of once made pandemic, five to growing won and add spread in million on addition run with our in has the annual during is approximately and business. in at elevated successful as pandemic I some experiential search in Experiences. over our receive to business great events, and number respond continue years deliver new of strong Jeff about the a this Brand terms. recently rates, of to with appointed of as an area, to high help industry-leading a to President a seeing we've renewal date. we brands new of accelerate To service very enjoy our fantastic a firmly the the experience contracted opportunities. revenue with the experience we to new conference future GES brand brand roster most agencies him agencies to During three He's of experience full relationships. important forward expanded by leading and XX is for $XX client progress staying experiential leader, run worked billion rate. brings Jeff team, generally backlog across our $X In service Stelmach corporate our client Global the long-standing global line, aggregate, exhibition We driven year power. business of marketers projected growth
a However, The experiences. line the line, a margin is profitability this service improvement conference activity. variable and basis by in ramp than we our service exhibition growth lower up our success is low closely cost event and cost lower managing maintaining to brand and key as with
accelerated improvement model. more As discussed services We advantage for to certain variable drive cost activity labor non-core on significant an calls, during structure to or moved previous to at of we outsource activity and freelance took an pandemic, reduced the shifted to business pace. a GES's model
We base by downsizing $XX exiting reduced cost fixed million and about also facilities. permanently our annual by
we've selective the events reduction up lower for more from live with favorable the we'll for give events industry Additionally, that will we've the GES greater decision improvements us about cost revenue. trade-off that ultimately fundamental success the be become to making made a margin allow to position on more excited event We're lower recovers. as produce, revenue to profitable
of talk So with seeing forward. in-person and the participation events, expecting let larger recovery expect Ultimately, we bit and in We're we're clients corporate returns. what international of budgets little to travel recovery return business resumes terms many demand as indications a to seeing pent-up a from than clear going full pre-pandemic. me about industry
rather That slope audience continue adapt I broader as be a to with the not do still continues events Although role the virtual interactions event, another and deployed event our to see events year based tool with the we which make important footage we the to can clients. corporate we've second have is solutions half an MINExpo live or the relevant exhibitors, all our reach of of were in continue of due to elements by for dealing now environment On pre-pandemic as will XXXX, and the average, of event haven't extension busy the but the first valuable. event into postponed from currently a play in-person sold as being XXXX. expect going into see to store the digital this variant. and net to been said, case shift industry budgets this basis, pandemic important a that the uncertainty had is Delta that disruptor while forward, square world is we the possible, same next especially year to schedule lower of in in for our The event industry, year to content. of recovery a from half revenue, later levels to to than generally of about visibility on the an XX% improvements to tracking marketing expect unclear, on physical our the correlates more the
visibility challenging, near-term to our thrown the Although our rise team remains to and way. ready is respond challenges
the that and accelerated changes employees cost the and put live we've times, do. events our look what re-imagine efforts to return to evolving with everything our events. for recovery shorter brand keeping I'm to as from the growth the live employees continue very we win of opportunities and safety service our extremely conference at return of profitability forefront clients our our ahead events, made transformational of They from a exhibition start while in their and post-pandemic to the proud GES. our in incredible and world, the to the about growth line, I'm we excited structure partners kick to enhanced lead like prepared are and adapt requirements of and We line. experience service first
resume call experiences and to marketers, and to in I'd results now, our like And financial the and over Ellen? to memorable We turn are thrilled to stronger Ellen the world's organizers more attendees. reemerging meaningful discuss for detail. most event creating are
