Italian Exhibition Group Spa · MIL:IEG
Italian Exhibition Group Spa — H1 2025 Earnings Presentation
15 slides from Italian Exhibition Group Spa's earnings presentation, Aug 7, 2025
Slide 1: Financial Results 1H25 Analyst Call
August 7th, 2025 Financial Results 1H25 Analyst Call
Slide 2: Agenda
Agenda 01. Corrado Peraboni Business Performance Group CEO 02. Teresa Schiavina Financial Performance Group CFO
Slide 3: Business Performance
Section 01 Business Performance Corrado Peraboni Group CEO 1. Business Performance 2. Financial Performance
Slide 4: 1H25 Highlights
01. Business Performance Financial Results 1H25 1H25 Highlights Strategy execution delivering on targets and M&A 149.3 M€ 39.2 M€ 48.4 M€ 29.1 M€ REVENUES Adj EBITDA Monetary NFP Adj EBIT + 13.2% YoY + 8.8% YoY +4.8% YoY > 580 k > 250 k >6k > 10 Visitors** Net SQM** Exhibitors** Countries Worldwide
Slide 5: 1H25 Revenues by Line of Business
01. Business Performance Financial Results 1H25 1H25 Revenues by Line of Business Number of Events 1H25 2% 10% 1H25 1H24 Δ% #99 #100 Organized Events 86.9 75.6 +15% 2 2 28% 58% Services 42.2 40.8 +3% 59 64 Congress 14.2 9.8 +45% Hosted Events 3.5 3.5 +1% 9 9 3% 2% 29 1H24 Publishing, Sport & Others
Slide 6: 2Q25 Business Update
01. Business Performance Financial Results 1H25 2Q25 Business Update DOMESTIC EVENTS INTERNATIONAL EVENTS 190,000 square meters Events are consolidating as the largest in the 350 exhibiting brands Americas in the sectors of geographic intelligence, +15% total visitation vs previous edition 19° drone
Slide 7: M&A update: 4 acquisitions executed in 1H25
01. Business Performance Financial Results 1H25 M&A update: 4 acquisitions executed in 1H25 51% Acquisition of 51% Acquisition of Movestro S.r.l. 35% Acquisition of Emac S.r.l. Immaginazione S.r.l. 51% Acquisition of DG Eventos organizer of Italian Bike Festival (0.6 M€ Investment) (3.7 M€ Investmen
Slide 8: Financial Performance
Section 02 Financial Performance Teresa Schiavina Group CFO 1. Business Performance 2. Financial Performance
Slide 9: 1H25 P&L vs 1H24
02. Financial Performance Financial Results 1H25 1H25 P&L vs 1H24 Revenues 1H 25 % 1H24 % Var. % At 149.3 M€, +13.2% vs 1H24 thanks to organic growth Revenues 149.3 131.9 17.4 13.2% by 16.2 M€ driven by volumes on organized events Operating costs (83.4) -55.9% (73.4) -55.6% (10.0) 13.7% core portfol
Slide 10: 1H25 vs 1H24 EBITDA bridge
02. Financial Performance Financial Results 1H25 1H25 vs 1H24 EBITDA bridge (0.1) (0.4) 1.0 (4.5) Adj.EBITDA Margin: 26.2% 7.2 (0.1) Adj.EBITDA Margin: 27.3% 39.2 36.0 1H24 EBITDA Organic Perimeter Calendar Quarter Calendar Structure FX 1H25 EBITDA Adj shift Adj 10
Slide 11: 1H25 Balance Sheet vs FY24
02. Financial Performance Financial Results 1H25 1H25 Balance Sheet vs FY24 H1 25 FY 24 Change % Net Invested Capital Total Fixed Assets 299.5 285.5 14.0 4.9% Fixed Assets at 299.6M€. Investment continues Trade receivables 41.9 36.8 5.0 13.7% according to Capex Plan and goodwill recognition Inventor
Slide 12: 1H25 vs FY24 NFP and Cash Flow
02. Financial Performance Financial Results 1H25 1H25 vs FY24 NFP and Cash Flow -48.8 M€ (13.5) (48.4) (48.7) 39.2 (42.1) (6.5) (62.2) (7.8) (1.9) (62.6) (6.1) (5,7) (17.8) (111.0) M&A Net Dividends Taxes Treasury 31 Dec Adj ∆ WC Capex ∆ Not Monetary 30 Jun Investments Financials Shares 2024 EBITDA
Slide 13: Outlook FY25
02. Financial Performance Financial Results 1H25 Outlook FY25 FY 2024 FY 2025 Confirmed Guidance Revenues 250 €M 257/262 €M ADJ. EBITDA 65.9 €M 66/68 €M Margin 26.4% 25,7% - 25,8% NFP 62.2 €M 77/70 €M Based on 1H performance and the order backlog, , despite socio-political and global economic uncert
Slide 14: Contact
Contact Email investor.relations@iegexpo.it Phone +39 0541744452 Next events November 13TH, 2025 Interim Financial information as of Sept. 30th, 2025
Slide 15: Disclaimer
Disclaimer This presentation contains certain forward-looking statements that reflect the Company’s management’s current views with respect to future events and financial and operational performance of the Company and its subsidiaries. These forward-looking statements are based on IEG S.p.A.’s curre
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