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Italian Exhibition Group Reports Strong 2024 Financial Results and Strategic Growth Plans

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Italian Exhibition Group Reports Strong 2024 Financial Results and Strategic Growth Plans

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Italian Exhibition Group SpA ( (IT:IEG) ) has shared an announcement.

Italian Exhibition Group S.p.A. reported strong financial results for 2024, with revenues reaching €250 million, a 17.7% increase from the previous year. The company’s adjusted EBITDA rose by 33.1% to €65.9 million, and profit surged by 146.1% to €32.5 million. These results were driven by organic growth and successful biennial events like Tecna and Fesqua. The company plans to continue expanding its trade fair products and services, aligning with its strategic plan for 2023-2028.

More about Italian Exhibition Group SpA

Italian Exhibition Group S.p.A. (IEG) is a leading company in Italy specializing in organizing international trade fairs. It is listed on Euronext Milan and focuses on events such as KEY, Vicenzaoro, Sigep, RiminiWellness, Ecomondo, and TTG, with a market focus on both domestic and international events.

YTD Price Performance: 15.03%

Average Trading Volume: 7,708

Technical Sentiment Signal: Sell

Current Market Cap: €231.5M

See more insights into IEG stock on TipRanks’ Stock Analysis page.

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