Italian Exhibition Group SpA (IT:IEG) has released an update.
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Italian Exhibition Group SpA has reported a robust financial performance for the first nine months of 2024, with revenues increasing by 19.8% to €179.4 million and adjusted EBITDA up 32.5% to €42.8 million, compared to the same period in 2023. These results were bolstered by successful events both in Italy and internationally, and the strategic acquisition of a majority stake in Vending Expo S.r.l. The company remains optimistic about its financial forecast for the year, expecting to achieve the upper end of its guidance.
For further insights into IT:IEG stock, check out TipRanks’ Stock Analysis page.