Italian Exhibition Group reports increased revenues

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Italian Exhibition has reported revenues growth, with group net profits standing at Euro 6.6m.

-       Consolidated turnover at Euro 124.8m (€112.8 million at 31 December 2015)

-       EBITDA Euro 21.9m (€19.6m at 31 December 2015)

-      Net profits Euro 6.6m (€5.5m at 31 December 2015)

-       Proposal for a Parent Company divided of 18 cents per share deliberated

At December 31st 2016 the Net Financial Position was negative for about Euro 40m, with an excellent business volume and debt level ratio, that is, one that can easily be dealt with.

In 2016, IEG events at its exhibition and congress sites in Rimini and Vicenza hosted a total of 59 shows, 216 congresses and events with 14,593 exhibitors and almost 2.5 million visitors.