Ieg, revenues and margins growing strongly in the third quarter
The first nine months of the year closed with revenues of 222.6 million euros, up 16.7% compared to the same period last year.
Italian Exhibition Group has reported its best third quarter ever, with significant growth in revenue and profitability. In the first nine months of the year, the company achieved revenues of 222.6 million euros, up 16.7% from the same period last year, with an adjusted operating margin of 59.3 million euros (+31.6%) and a profit of 24.5 million euros (+53.3%).
The group has raised its revenue forecast for the year to 295-298 million euros and confirmed its adjusted operating margin forecast of 80-83 million euros. The company's growth strategy, outlined in its industrial plan, is yielding results, with a focus on high-value-added activities. The new Padiglione 2 in Vicenza and successful events in Brazil have contributed to the positive performance.
Written by urgent.news from Il Sole 24 Ore's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
