The Board of Directors of Italian Exhibition Group S.p.A. (IEG) has approved draft statutory financial statements and the consolidated financial statements as of 31 December, 2025. The financials show a rise in revenues, albeit a small dip in profits. Financial highlights included revenues rising 6.6% to €266.3m, albeit profits dipped 6.3% to €30.4m.
CEO Corrado Peraboni, pictured, said the results showed good growth in revenue and margins. “These results are significant given that they were achieved in an odd-numbered year in which some key biennial events, such as Tecna in Italy and Fesqua in Brazil, were not held. In this context, the Group recorded an improvement in results in line with guidance, thanks to the organic development of its activities and a targeted acquisition programme.”
Over the year IEG completed four acquisitions, financed with its own funds, and obtained the ten-year concession for the Fiuggi Congress and Events Center.
The 2025-2030 Strategic Plan, presented in February, envisions further expanding the portfolio with the launch of new events, with the goal of introducing at least one new trade fair each year, Peraboni noted.
He said the plan included the initiatives already announced for 2026: BEX – Beyond Exploration in Rimini, which will be joined by SSEC – Storage & Solar Expo Conference in Vicenza, a complementary and synergistic initiative with KEY, one of the Group’s flagship events in the energy transition sector.
Growth was supported by the development of both flagship events and minor events in the organised events business line to the tune of around €13m, Peraboni said, as well as by the increasing influence of the conference division, which contributed an increase of €3.1m to revenue growth, while the change in the scope of consolidation following the acquisitions contributed an incremental turnover of around €10.8m.
With regard to the group’s organised events, there was a 5.8% increase to €163.2m, while hosted events income rose 11.1% to €4.1m. There was a rise in space requested by third-party organisers and the services offered to exhibitors in connection with the exhibition area.
Adjusted EBITDA amounted to €70.9m, an improvement of €5.2m compared to December 31, 2024, when the Group recorded a gross operating margin of €65.7m.
The calendar effects represented by the absence of the two-yearly Tecna and Fesqua shows resulted in a contraction of approximately €9.6m.
The Congress Events business line hosted a total of 103 conferences at the Group’s sites with revenues of €23.9m, up €3.1m compared to 2024.
IEG’s operating costs as of 31 December, 2025, amounted to €143.9m (€137.4m as of 31 December, 2024).
Source: www.exhibitionworld.co.uk
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