The Board of Directors of Italian Exhibition Group S.p.A. (IEG) has approved consolidated interim management statements as at 30 September 2025 which show revenues at €190.8m, +6.3% compared to 30 September 2024. This was in spite of the absence of important two-yearly events – Tecna (International Exhibition of Technologies and Supplies for Surfaces) in Italy and Fesqua in Brazil (International Door and Window Fair), and negative exchange rate effects of approximately €1m.
Growth continues to be supported by the development of the flagship events in the organised events business line to the tune of around €10.8m, as well as by the conference division, which contributes €3m to revenue growth, while the change in the scope of consolidation following the acquisitions contributed an incremental turnover of around €9.5m.
Adjusted EBITDA was €45.m , +5.3% over the period and turnover guidance was above €260m.
CEO of the IEG Group, Corrado Peraboni (pictured), said: “Our performance in the first nine months of the year has shown a solid and sustained growth trend, confirming the Group’s ability to create value also in a climate characterised by the absence of certain two-yearly events. Despite the fact that 2025 is an ‘odd’ year, IEG has continued to record positive results thanks to its organic growth, which fully compensates for the ‘two-year’ effect, and a portfolio of increasingly high-profile and competitive events.”
The Group reported that the third quarter confirmed the quality and strength of its leading events. Vicenzaoro further consolidated its reputation as one of the premier international jewellery exhibitions, and the first edition of the Italian Bike Festival, held under the management of IEG was considered a big success, and a good example of the Group’s ability to promote its acquisitions, creating synergies and expanding its presence in fast-developing sectors such as the sports and outdoor segments. The Group result for the third quarter of 2025 was €-0.9m, a decrease of €1.8m compared to the third quarter of 2024.
The Group has grown internationally with SIJE – the Singapore International Jewelry Expo – and SIGEP Asia.
Hosted events recorded total revenues of €3.5m, largely in line with 30 September 2024.
The Net Financial Position as at 30 September 2025 of €108.3m (€62.2m as at 31 December 2024) is influenced by the seasonality of the business and in particular the investments in M&A.
Source: www.exhibitionworld.co.uk
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