The company organising the annual Web Summit in Lisbon and associated conferences around the world posted a larger loss last year than in 2020, when Covid-19 forced the cancellation of events forming its main business. While the group of companies consolidated in Dublin holding entity Manders Terrace Ltd grew revenue by over 13 per cent to €59.7 million in 2023, costs inflated at a much faster pace, leaving the group with a €5.6 million loss. New accounts show that this is a heftier loss than the €5.3 million recorded in 2020, the last time it found itself in the red.…

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