Editor’s Note
This article highlights Italian Exhibition Group’s strong first-quarter performance for 2025, with significant year-over-year growth in revenue and profitability.
Financial Highlights
The Board of Directors of Italian Exhibition Group S.p.A. (“IEG”), Italy’s leading trade show organizer listed on Euronext Milan, met and approved the consolidated interim report as at 31 March 2025.
Revenues rose to €102.8 million, an increase of +15.7% compared to the first quarter of 2024. Adjusted EBITDA stood at €38.2 million (+11.2% compared to the first quarter of 2024 with an Adjusted EBITDA margin of 37.1%). Adjusted EBIT reached €33.3 million, +10.9% compared to the same period in 2024.
CEO Commentary
Corrado Arturo Peraboni, CEO of the IEG Group, commented:
“The excellent results in the first quarter of 2025 mark a further step forward along the Group’s growth path outlined in the strategic plan. The quarter’s robust organic growth was accompanied by the contribution of new acquisitions. In fact, at an international level, in 2025 we have accelerated the development of the exhibition segment of our product portfolio with acquisitions in Brazil with ‘Fenagra’, the International Agribusiness and Animal Nutrition Show, in a geographic area with high potential for development, and we have launched the first edition in Saudi Arabia of ‘Riyadh Muscle’, a wellness sector event, the geo-cloning of a proprietary flagship event in the UAE. The results of the first quarter 2025 once again underline the solidity of our portfolio’s top events, which include ‘SIGEP’, ‘Vicenzaoro’ and ‘KEY’, whose development has contributed to achieving a more than 15% growth in revenues in the first quarter of the year. Investments at our Expo Centers, which will allow us to support even further growth in the coming years, are proceeding according to schedule.”