Italian Exhibition Group Spa · MIL:IEG
Italian Exhibition Group Spa — H1 2023 Earnings Presentation
15 slides from Italian Exhibition Group Spa's earnings presentation, Aug 29, 2023
Slide 1: Financial Results 1H23
Financial Results 1H23 Analyst Call_ August 29th, 2023
Slide 2: Results 1H23 Agenda
Results 1H23 Agenda 1H23 Business Performance 1H23 Financial Performance FY23 Outlook 2
Slide 3: Business – Corrado Peraboni (CEO)
| Ge. Business oN N Corrado Peraboni (CEO)
Slide 4: 1H23 – Results Highlights
Results 1H23 1H23 Financial Performance 1H23 – RESULTS HIGHLIGHTS 1H23 – Record Revenues, good profitability and cash generation 1H 2023 Results ✓ Record Revenue (+64%) with sound growth across all business lines REVENUES Adj. EBITDA Adj. EBIT NET RESULT driven by organic expansion (+31,1%) and «Res
Slide 5: 1H23 Business Segments Performance
Results 1H23 1H23 Business Performance 1H23 BUSINESS SEGMENTS PERFORMANCE 1H23 Revenues by line of Business Number of Events Organized events 53% 3 Food, Stand Fitting and 32% 3 69 119,2 M€ 1H23 Revenue cleaning Congresses 10% 8 53 7 21 12 Hosted events 4% 1H23 1H22 Publishing, sport and other 1% Or
Slide 6: 2Q23 Business Update
Results 1H23 1H23 Business Performance 2Q23 BUSINESS UPDATE The 42nd edition of Oro Arezzo has renewed its concept with greater attention to jewelery production which has been combined with a new exhibition layout. The Exhibition doubled the hosted buyers vs 2022: 430 coming from 55 countries thanks
Slide 7: Strategy Execution Update
Results 1H23 Business Performance STRATEGY EXECUTION UPDATE ESG Roadmap & Rating M&A International IEG in the Top 27 Global 2H23 Booking vs Target Expansion Exhibitors’ Ranking ▪ IEG launched the ESG Roadmap aimed at designing a path to embed sustainability into business strategy. ▪ Completed the ac
Slide 8: Finance – Teresa Schiavina (CFO)
Finance Teresa Schiavina (CFO)
Slide 9: 1H23 Income Statement
Results 1H23 1H23 Financial Performance 1H23 INCOME STATEMENT 1H 2023 1H 2022 Change % Revenues 119,2 72,7 46,5 +64,0% Revenues ✓ At 119,2 M€ +64,0% vs 1H 2022 driven mainly by organic Operating costs (69,9) (51,2) (18,7) +36,5% growth (+22,6M€) and ‘Restart’ from pandemic (+14,2 M€) Contribution Ma
Slide 10: 1H 2023 vs 1H22 EBITDA Bridge
Results 1H23 1H23 Financial Performance 1H 2023 VS 1H22 EBITDA BRIDGE Adj.EBITDA Margin: 24,6% Adj.EBITDA Margin: 7,8% 10
Slide 11: 1H23 Balance Sheet
Results 1H23 1H23 Financial Performance 1H23 BALANCE SHEET Jun-23 Dec-22 Change % Total Fixed Assets 243,7 253,8 (10,1) -4,0% Net Invested Capital ✓ Fixed Assets decrease due to depreciation and Trade receivables 38,9 30,0 8,9 29,6% deferred tax assets release % on 12m rolling sales 18,7% 18,6% +0,1
Slide 12: 1H23 vs ACT22 NFP Bridge
Results 1H23 1H23 Financial Performance 1H23 vs ACT22 NFP BRIDGE Monetary NFP: -2,1M€ Monetary NFP Monetary NFP FCF +2,1 M€ 58,8 - -60,9 62 12
Slide 13: FY23 Outlook
Results 1H23 Outlook FY23 OUTLOOK Despite the forecasted macroeconomic scenario for 2023 is still marked by uncertainty, with eased inflation, tight monetary policies, and global geo-political tensions, the second quarter of 2023 confirmed not only a sound post pandemic recovery, but also the consol
Slide 14: Results 1H23 Disclaimer
Results 1H23 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 exp
Slide 15: Providing the future
Providing the future ITALIAN EXHIBITION GROUP
Italian Exhibition Group — H1 2023 Earnings Presentation on 6ix