Italian Exhibition Group Spa · MIL:IEG
Italian Exhibition Group Spa — 9M 2023 Earnings Presentation
15 slides from Italian Exhibition Group Spa's earnings presentation, Nov 14, 2023
Slide 1: Financial Results 9M23
Financial Results 9M23 Analyst Call_November 14th 2023
Slide 2: Results 9M23 Agenda
Results 9M23 Agenda 9M23 Business Performance 9M23 Financial Performance FY23 Outlook 2
Slide 3: Business - Corrado Peraboni (CEO)
| Ge. Business oN N Corrado Peraboni (CEO)
Slide 4: 9M23 – Results Highlights
Results 9M23 9M23 Financial Performance 9M23 – RESULTS HIGHLIGHTS 9M23 – Record Revenues, good profitability and cash generation 9M 2023 Results ✓ Record Revenues (+43,6%) with sound growth across all business lines REVENUES Adj. EBITDA Adj. EBIT NET RESULT driven by organic expansion (+26,3%) and «
Slide 5: 9M23 Revenues by Business Segments
Results 9M23 9M23 Business Performance 9M23 REVENUES BY BUSINESS SEGMENTS Number of Events 9M23 Revenues by line of Business #129 +18 #111 Organized events 53% 5 6 Food, Stand Fitting and 33% 91 152,4 M€ 82 cleaning 9M23 Revenue Congresses 9% 8 7 25 16 Hosted events 3% 9M23 9M22 Publishing, sport an
Slide 6: 3Q23 Business Update
Results 9M23 9M23 Business Performance 3Q23 BUSINESS UPDATE SIJE - Singapore International Jewelry Expo concluded in July the first edition organized by IEG. SIJE is the Singapore's longest-running jewelry show and the largest event targeted at local and international trade, direct buyers and invest
Slide 7: 3Q23 Business Update (contd)
Results 9M23 9M23 Business Performance 3Q23 BUSINESS UPDATE (contd) Governance M&A Expansion ESG 1Q-24 Organized ▪ The Board of Directors of ▪ IEG acquired 51% of A&T S.r.l. ▪ The subsidiary PROSTAND Events IEG has appointed Director The company founded in operating in the booth fitting sector Booki
Slide 8: Finance - Teresa Schiavina (CFO)
Finance Teresa Schiavina (CFO)
Slide 9: 9M 2023 vs 9M22 EBITDA Bridge
Results 9M23 9M23 Financial Performance 9M 2023 VS 9M22 EBITDA BRIDGE Adj.EBITDA Margin: 22,2% Adj.EBITDA Margin: 5,1% 9
Slide 10: 9M23 Income Statement
Results 9M23 9M23 Financial Performance 9M23 INCOME STATEMENT Revenues 9M 2023 % 9M 2022 % Var. % ✓ At 152,4 M€, +43,6% vs 9M 2022 driven mainly by organic Revenues 152,4 106,1 46,2 +43,6% growth (+27,9M€) and ‘Restart’ from pandemic (+13,9 M€), new perimeter (+6,0 M€) Operating costs (89,6) -58,8%
Slide 11: 9M23 Balance Sheet
Results 9M23 9M23 Financial Performance 9M23 BALANCE SHEET Sep-23 Dec-22 Change % Total Fixed Assets 244,6 253,8 (9,2) -3,6% Net Invested Capital Trade receivables 37,5 30,0 7,4 24,8% ✓ Fixed Assets decrease due to depreciation, % on 12m rolling sales 18,0% 18,6% -0,5 pp deferred tax assets release
Slide 12: 9M23 vs ACT22 NFP Bridge
Results 9M23 9M23 Financial Performance 9M23 vs ACT22 NFP BRIDGE +7,9M€ Monetary NFP FCF 8,1 M€ 62 -56,9 -58,8 12
Slide 13: FY23 Outlook
Results 9M23 Outlook FY23 OUTLOOK In the third quarter of the year, the Group consolidated growth in all business lines, achieving best results ever both in terms of turnover and margins. Product portfolio development in Italy and in foreign markets further strengthens the Group's market positioning
Slide 14: Results 9M23
Results 9M23 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 — 9M 2023 Earnings Presentation on 6ix