Italian Exhibition Group Spa · MIL:IEG
Italian Exhibition Group Spa — FY2021 Earnings Presentation
11 slides from Italian Exhibition Group Spa's earnings presentation, Mar 24, 2022
Slide 1: 2021 Results
2021 RESULTS CONFERENCE CALL - Mar 24th, 2022 2021 Full Year Results
Slide 2: Highlights
Highlights KEY FINANCIALS (M€) 4Q21 4Q20 % change 2021 2020 % change 31/12/21 30/6/21 31/12/20 Revenues 60,0 11,6 >100% 102,5 79,8 28,4% NFP 105,6 148,6 129,5 EBITDA 24,1 (7,3) <(100%) 21,6 1,8 >100% "Monetary" NFP (*) 69,6 115,8 93,7 % EBITDA margin 40,2% <(100%) 21,1% 2,2% *NFP without debts from
Slide 3: Focus on Revenues 1/2
Focus on Revenues 1/2 REVENUES BY BUSINESS LINES (M€) % change 4Q21 4Q20 change YoY 2021 2020 change YoY Change YoY COVID19 Organic Calendar One-Off Restart cancelled Organized Events 26,0 7,8 18,2 38,5 53,0 (14,6) (27,4%) 5,8 11,0% (3,8) (7,1%) (36,2) (68,2%) 0,0 0,0% 19,5 36,8% Hosted Events 0,1 0
Slide 4: Focus on Revenues – 2/2
Focus on Revenues – 2/2 Revenues Breakdown • Organized Events are taking up space as the main component of Revenues thanks to the reopening of fairs in the second half; • Covid Contributions assume an important role in the fiscal year results, allowing to cover part of 2020 and first half 2021 losse
Slide 5: Main Achievements
Main Achievements Strategic Actions Adopted STRONG BUSINESS RESTART #safebusiness project and GABC STARTM standard adoption Smart working and PPE distribution, swab center at the entrance of the venues • 2Half 2021 events beyond expectations Containment Actions for Staff Costs (FIS until Dec.21) and
Slide 6: Income Statement
Income Statement % % Income Statement (M€) 4Q21 4Q20 2021 2020 change change The results have been impacted by the following Revenues 60,0 11,6 >100% 102,5 79,8 28,4% non-recurring items: Operating costs (26,8) (13,7) +95,2% (53,9) (55,6) (3,1%) Value Added 33,2 (2,2) <(100%) 48,6 24,2 >100% • Reven
Slide 7: Focus on EBITDA
Focus on EBITDA • Referred to Covid • (2.0) €M Staff Costs Contribution and other non- • +0.5 €M Operating current items Costs Saving >+100% 24/03/2022 2021 Full Year Results 7
Slide 8: Net Financial Position (M€)
Net Financial Position (M€) (129.5) (105.6) of which: Expansion: 0.3 €M Maintenance: 5.6 €M (of which 2.8€M for roof arrangement in Vicenza fairground and 1.2€M for new equipment in «Operative» Change: 34.1 €M subsidiaries) «Monetary» «Monetary» NFP NFP (69.6) €M (93.7) €M Put Option (5.8€M), Deriva
Slide 9: Events after the end of the year (1/2)
Events after the end of the year (1/2) Pandemic • Omicron variant exploded in Italy at the end of 2021 and this forced the operators of the European exhibition Scenario industry to postpone or cancel the events originally scheduled in January or in the first half of February. • No IEG Events have be
Slide 10: Events after the end of the year (1/2)
Events after the end of the year (1/2) • Ieg Brasil Eventos had recently aquired all the assets related to BTTF - Brasil Trading Fitness Fair, which International Development will take place in November 2022. • LOI with Koelnmesse for Sigep China 2023 during Anufood in Shenzen. • Working on 4x4 Stra
Slide 11: Disclaimer
Disclaimer This presentation is being shown to you solely for your information and may not be reproduced, distributed to any other person or published, in whole or in part, for any purpose. The information in this presentation could include forward-looking statements which are based on current expec
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