The Board of Directors approves the Half-Year Financial Report at 30 June 2018
27/07/2018
Significant increases in all economic and financial figures, also due to the exhibition calendar that had a higher concentration of exhibitions in the first months of 2018 and to actions taken to control costs
The performance of the exhibitions in the first semester, which was particularly strong, has led to an upgrade in the full-year 2018 EBITDA forecast, which is now expected to be in the range of Euro 24 – 26 million compared to the previous forecast of Euro 17 million
- Revenues of Euro 157.7 million, an 18% increase compared to the figure of Euro 133.9 million in the first semester 2017
- EBITDA of Euro 46.1 million, a significant improvement on the figure of Euro 11.9 million in the first semester of 2017
- EBIT of Euro 43.1 million compared to Euro 8.4 million in the first semester of 2017
- Net profit of Euro 31.7 million compared to Euro 5.6 in the first semester of 2017
- Net cash of Euro 26.3 million compared to net debt of Euro 0.8 million at 31 December 2017
The Board approved the plan for the merger through incorporation of the 100%-owned subsidiary Ipack-Ima S.p.A. into its parent company Fiera Milano S.p.A.
