Italian Exhibition Group, the first quarter of 2022 exceeds expectations

According to Corrado Peraboni, CEO of IEG: “The participation recorded during the events of this first quarter and the results obtained, both in volume and in maintaining the pricing applied, suggest that we can situate the darkest period of this pandemic, which dealt a severe blow at trade shows around the world. world behind us. In March, we organized major international trade shows for the Group, such as Vicenzaoro and Sigep, flagship of Made in Italy worldwide for jewelry and food respectively. The numbers show that we were able to look beyond to achieve our goals and continue to grow.”

the Group EBITDA, equal to €7.0 millionis also on the rise: + €14.2 million compared to the same quarter in 2021 when he recorded a loss of 7.2 million euros.

“The coming months,” adds Peraboni, “will see the staging of all of IEG’s portfolio events, including biennial events, in succession, and that’s yet another good sign. Upcoming events include RiminiWellness, TTG Travel Experience and Ecomondo.

The congress area also performed well: in the first quarter of 2022, 12 congresses took place in the two premises of the Palacongressi of Rimini and the Palace of Congresses of Vicenza, generating joint revenue of 1.5 million euros and showing a recovery of 1.3 million euros compared to the same period in 2021.

Italian Exhibition Group SpA, a joint stock company listed on Euronext Milan, a regulated market organized and managed by Borsa Italiana SpA, has, with its facilities in Rimini and Vicenza, achieved national leadership over the years in the organization of exhibitions and of conferences. The development of activities abroad – also through joint ventures with global or local organizers, in United States, United Arab Emirates, China, Mexico, Brazil and Indiafor example – now sees the company positioning itself among the leading European operators in the sector.

Italian Exhibition Group press contacts, head of the press office:
Marco Forcellini
[email protected]

International Press Office Coordinator:
Silvia Giorgi
[email protected]
+39-0541-744814

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Photo – https://mma.prnewswire.com/media/1817613/IEG_Corrado_Peraboni.jpg

SOURCE Italian Exhibition Group

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