MK Illumination had anticipated a turnover of around 64 million euros in the current year. The final figure however was 70 million euros. With this, the company has registered its best operating result in its history.
“In recent years MK Illumination has evolved from being a product supplier into a company that offers comprehensive solutions for lighting installations. This is regardless of whether it involves public spaces, shopping centres or in the area of tourism and leisure. The results speak for themselves and that is demonstrated by our turnover figures,” said Klaus Mark, CEO MK Illumination, commenting on the company’s successful business year.
MK Illumination already saw its turnover increase by 15 percent to 62 million euros in 2014. Projections for 2015 were for 64 million euros, which the 70 million euros figure far exceeds. The positive figures are the result of very strong growth in the United Kingdom, Germany, Belgium and Hungary. Business in both the US and Canada markets was also very positive, with Canada registering an increase of approximately 50 percent. MK Illumination has also profited from regions where the culture of Christmas is less prolific and where there is nevertheless still a demand for winter decoration, for example in Turkey or in the United Arab Emirates.
New lighting highlights for European capitals
In recent years many festive lighting projects were successfully realised in European capitals – for example in the inner cities of Stockholm and Copenhagen, and in parts of the centre of Zurich. Other projects have been added in the current year and for the first time novel and attractive lighting concepts have been installed along the renowned shopping mile of Budapest’s “Vàci Street” in the inner city, and in the city centers of Brussels, Oslo and Helsinki.
MK Illumination lights up the world
MK Illumination’s lighting installations have also been very successful outside of Europe. The “Floating Tree” has proved to be a big hit with pedestrians in the trendy urban quarter of Xintiandi in Shanghai. Johannesburg once again boasts a spectacular lighting installation in the famous Nelson Mandela Square and Sydney’s renowned “Martin Place” is adorned for the first time with a 20-metre high interactive Christmas tree. Also included in the list of new projects is the creative lighting for Montreal Canada’s “Chateau Ramezay”.
Strong growth in the Shopping Centre segment
In the era of online retail, shopping centre operators are increasingly aiming to put the spotlight on their premises through the creation of leisure experiences. Festive lighting is able to make a significant contribution to these goals because it has the power to touch people’s emotions and draw them into the ambience. The best example of this is the Frankfurt Shopping Centre “MyZeil”, owned by the ECE Group. As well as many other installations in German shopping centres in locations like Kaiserslautern, Ludwigsburg or Braunschweig, MK Illumination has also been able to deliver outstanding displays in some of the word’s most prestigious retail temples – in the famed Mall of the Emirates in Dubai or the “Crystal” in Las Vegas, to name just two of these establishments.