Slide 1: FY 2015 Consolidated Results
www.fieramilano.it FY 2015 Consolidated Results Fiera Milano Group Conference Call – 15 March 2016 1
Slide 2: Contents
Contents 2
Slide 3: FY 2015 highlights
FY 2015 highlights Revenues 322.6 337.3 Strong 2015 results exceed 2014 results and 2015 forecasts 242.7 Net exhibition space in Italy of 1,822,875 square metres (25% at directly organised exhibitions): +49% vs 2014 FY14 Act FY15 Est FY15 Act Consolidated revenues: Euro 337.3 million, +39% vs 20
Slide 4: Italian exhibitions
Italian exhibitions Host - the equipment, coffee and food international hospitality exhibition: +32% in net exhibition space; a record 150,968 visitors, 40% from outside Italy, +13.5% compared to the previous edition Visitor satisfaction: it is the best exhibition to do business does not know, 2.7%
Slide 5: Acquisition of Ipack-Ima
Acquisition of Ipack-Ima On 23 July 2015, the Company finalised the acquisition of Ipack-Ima SpA, owner of Ipack-Ima, a triennial exhibition that is one of the world’s leading events in food and non-food processing and packaging, and other related exhibitions organised in the Fiera Milano exhibiti
Slide 6: Expo 2015
Expo 2015 The Group acted as a support to EXPO 2015 S.p.A and in 2015 o rented areas totalling approximately 120,000 square metres inside the Rho exhibition site for vehicle circulation and parking areas o through its subsidiaries Nolostand and Fiera Milano Congressi provided stand-fitting service
Slide 7: Share capital increase
Share capital increase Issue of maximum 31,126,821 ordinary shares offered to existing shareholders at Euro 2.245 per share, in the ratio of 3 new shares Offer size for every 4 shares held for a maximum total value of Euro 69,879,713 Subscription of 29,770,392 ordinary shares, equal to Results 95.64
Slide 8: Contents
Contents 8
Slide 9: Italian exhibition calendar
Italian exhibition calendar Exhibition space rented out ('000 net sq.m.) 1,774 The first February edition of Lineapelle and Simac 1,294 Tanning-Tech were held in Milan 1,186 380 Presence of multi-year exhibitions, in particular 14 324 16 455 EMO (116,995 net sq m), Ipack-Ima and Plast 275 The
Slide 10: Italian exhibitions
Italian exhibitions FY14 Italian exhibitions FY15 restated* Revenues (€'000) 277,310 181,098 Gross operating result (€'000) 31,931 -10,233 % on revenues 11.5% -5.7% Net operating result (€'000) 18,204 -18,320 % on revenues 6.6% -10.1% * Some figures in the Consolidated Financial Statements at 31 Dec
Slide 11: Foreign exhibition calendar
Foreign exhibition calendar Exhibition space rented out ('000 net sq.m.) 405 414 401 4 5 7 19 25 9 Other 11 11 12 49 30 68 18 Turkey 14 21 South Africa Brazil 325 India 308 284 China FY13 FY14 FY15 Strong 2015 performance in China from Industrial Automation Shanghai and PTC Asia and from the prese
Slide 12: Foreign exhibitions
Foreign exhibitions FY15 FY14 Foreign exhibitions restated* Revenues (€'000) 9,376 16,040 Gross operating result (€'000) -1,031 1,156 % on revenues -11.0% 7.2% Net operating result (€'000) -11,100 178 % on revenues -118.4% 1.1% * Some figures in the Consolidated Financial Statements at 31 December 2
Slide 13: Stand-fitting services
Stand-fitting services FY14 Stand-fitting services FY15 restated* Revenues (€'000) 55,890 33,389 Gross operating result (€'000) 7,197 2,271 % on revenues 12.9% 6.8% Net operating result (€'000) 5,221 365 % on revenues 9.3% 1.1% * Some figures in the Consolidated Financial Statements at 31 December 2
Slide 14: Media
Media FY14 Media FY15 restated* Revenues (€'000) 13,376 12,334 Gross operating result (€'000) 821 655 % on revenues 6.1% 5.3% Net operating result (€'000) -2,138 -4,120 % on revenues -16.0% -33.4% * Some figures in the Consolidated Financial Statements at 31 December 2014 have been restated for comp
Slide 15: Congresses
Congresses FY14 Congresses FY15 restated* Revenues (€'000) 37,446 37,835 Gross operating result (€'000) 4,626 6,054 % on revenues 12.4% 16.0% Net operating result (€'000) 1,764 3,373 % on revenues 4.7% 8.9% * Some figures in the Consolidated Financial Statements at 31 December 2014 have been restate
Slide 16: Consolidated Income Statement
Consolidated Income Statement FY15 FY14 Consolidated Income Statement (€'000) restated* Revenues 337,339 242,711 Gross operating result 43,594 133 Margin (%) 12.9% 0.1% Net operating result (EBIT) 11,958 -18,347 Margin (%) 3.5% -7.6% Profit/(loss) before income tax 8,438 -23,216 Margin (%) 2.5% -9.6
Slide 17: Consolidated Statement of Financial Position
Consolidated Statement of Financial Position Consolidated Statement of Financial Position (€'000) 31/12/15 31/12/14 Non-current assets 182,302 204,730 Net working capital (64,884) (44,135) Gross capital employed 117,418 160,595 Non-current liabilities 19,724 19,240 Total net capital employed 97,694
Slide 18: Consolidated Net Financial Position
Consolidated Net Financial Position Consolidated Net Financial Position (€'000) 31/12/15 31/12/14 Cash (including bank balances) 56,092 12,276 Other cash equivalents - - Securities held for trading - - Cash and cash equivalents 56,092 12,276 Current financial assets - - Current bank borrowings 23,48
Slide 19: Contents
Contents 19
Slide 20: Business outlook
Business outlook The Group continues its strategy to prioritise the increase in directly organised exhibitions and to focus on increasing the number of international buyers and exhibitors Outside Italy, the Group intends to consolidate its exhibition portfolio through a selective focus on events
Slide 21: Forward-Looking Statements
Forward-Looking Statements Data and information herewith set forth are extracted from the Fiera Milano Press Release issued on 14 March 2016 filed with Italian authorities regulating exchanges and securities and disseminated concomitantly with this presentation. This document has been prepared by Fi
Slide 22: Fiera Milano SpA
Fiera Milano SpA For further information, please contact: Gianna La Rana Investor Relations Manager Camilla Cusi Investor Relations Fiera Milano SpA Strada Statale del Sempione, 28 20017 Rho (Milano) - ITALY Tel: + 39 02 4997.7816/7911 E-mail: investor.relations@fieramilano.it www.fieramilano.it 22