Italian Exhibition Group Spa · MIL:IEG
Italian Exhibition Group Spa — 9M 2022 Earnings Presentation
9 slides from Italian Exhibition Group Spa's earnings presentation, Nov 18, 2022
Slide 1: 2022 3Q-9M Results
2022 3Q-9M RESULTS CONFERENCE CALL - Nov18th, 2022
Slide 2: Highlights
Highlights 106.1M€ +59 * without debts from IFRS16, Put Options, MTM/Fair value Interest Rate Swap Please note: the percentage changes in this document are calculated on €/1000 amounts, even when they are shown in €/million 11/18/2022
Slide 3: Focus on Revenues
Focus on Revenues REVENUES BY BUSINESS LINES (M€) % change change % change 3Q22 3Q21 change YoY 9M22 9M21 Change YoY YoY YoY Organic Restart Calendar Cancelled One- Off Organized Events 18,2 11,1 7,1 63,9% 50,8 12,5 38,3 >100% 4,0 10,4% 30,3 78,9% 4,1 10,6% 0,0 0,0% 0,0 0,0% Hosted Events (0,0) 1,2
Slide 4: Strategic Actions Adopted
Strategic Actions Adopted Memorandum of understanding with Koelnmesse for a strategic partnership that projects Sigep both on world locations where editions of Anuga will be scheduled, both towards new potentially profitable markets for both the fairs. «Sigep China» will take place in Schenzen in co
Slide 5: Income Statement
Income Statement % % Income Statement (M€) 3Q22 3Q21 9M22 9M21 change change Revenues 33,4 35,5 -5,8% 106,1 42,5 >100% Operating costs (22,7) (16,7) +35,6% (73,9) (27,1) >100% Personnel (9,6) (7,2) +33,1% (27,6) (17,9) +53,9% EBITDA 1,2 11,6 -89,5% 4,7 (2,5) >100% Adjusted EBITDA 1,2 1,5 -19,3% 6,9
Slide 6: Focus on EBITDA
Focus on EBITDA 10 €M non-repaybale grant in the 2021 and the depreciation of expansion project (2.9 €M) in 2022 9M22 Adjusted EBITDA: 9M21 Adjusted EBITDA: 6.9€M (12.1)€M 2.2 4.7 (2.5) >100% (9.6) 11/18/2022
Slide 7: Net Financial Position (M€)
Net Financial Position (M€) «Operative» Change: 1.5 €M «Monetary» of which: «Monetary» NFP Expansion: 3.6 €M (of which 2,8 acquisition NFP (69.6) €M of V-Group) (76.8) €M Maintenance: 3.4 €M Put Option (5.8€M), Derivative Put Option Instruments (5.7€M), (3.6€M), IFRS16 Derivative (26.7 €M) Instrumen
Slide 8: Subsequent Event and Business Outlook
Subsequent event and Business Outlook • Main events of the last quarter already held with results over expectations: TTG-SIA-SUN-IBE- Superfaces (October) occupied all Rimini exhibition centre with very satisfying performance Ecomondo and Key Energy (November) reached the record in term of square me
Slide 9: 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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