Italian Exhibition Group Top Management Reconfirmed: Maurizio Renzo Ermeti President, Corrado Arturo Peraboni CEO

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Italian Exhibition Group Top Management Reconfirmed: Maurizio Renzo Ermeti President, Corrado Arturo Peraboni CEO

4/29/2024
RIMINI - Held today, the Ordinary and Extraordinary Shareholders' Meeting of Italian Exhibition Group S.p.A., Italy's market leader in the organisation of international trade show events and listed on Euronext Milan, a regulated market organised and managed by Borsa Italiana S.p.A, approved the Financial Statements as at 31 December 2023 and appointed the new Board of Directors, which met after the Shareholders' Meeting: reconfirmed as President and Chief Executive Officer respectively were Maurizio Renzo Ermeti and Corrado Arturo Peraboni with Gian Luca Brasini as Executive Director.

The Shareholders' Meeting approved the Financial Statements as of 31 December 2023 with a profit of EUR 14,160,861. The 2023 financial year showed revenues of EUR 212.4 million (+32.4% YoY), an Adjusted EBITDA of EUR 49.5 million with an Adjusted EBITDA margin of 23.3%.

The complete documentation is online at www.1info.it and www.iegexpo.it (Investor Relations/Press Releases section).

Focus on Italian Exhibition Group
Italian Exhibition Group S.p.A., a joint stock company listed on Euronext Milan, a regulated market organised and managed by Borsa Italiana S.p.A., has, with its facilities in Rimini and Vicenza, achieved national leadership over the years in the organisation of trade shows and conferences. The development of activities abroad - also through joint-ventures with global or local organisers, in the United States, United Arab Emirates, Saudi Arabia, China, Mexico, Germany, Singapore, Brazil, for example - now sees the company positioned among the top European operators in the sector.

This press release contains forecast elements and estimates that reflect the management's current opinions ("forward-looking statements"), particularly regarding future management performance, realization of investments, cash flow trends and the evolution of the financial structure. For their very nature, forward-looking statements have a component of risk and uncertainty, as they depend on the occurrence of future events. The effective results may differ (even significantly) from those announced, due to numerous factors, including, only by way of example: food service market and tourist flow trends in Italy, gold and jewellery market trends, green economy market trends; the evolution of raw material prices; general macroeconomic conditions; geopolitical factors and evolutions in the legislative framework. Moreover, the information contained in this release does not claim to be complete, and has not been verified by independent third parties. Forecasts, estimates and objectives contained herein are based on the information available to the Company as at the date of this release.

Contact:
media@iegexpo.it