2020 RESULTS

CONFERENCE CALL - March 18th, 2021

Highlights

KEY FINANCIALS (M€)

4Q20 11.6

  • 4Q19 % change

    2019 % change

    Revenues

  • 50.3 (77.0%)

    • 178.6 (55.3%)

      EBITDA

      (7.3)

      11.3

      >(100%)

    • 41.9 (95.7%)

    % EBITDA margin

    >(100%)

    EBIT

    (14.5)

    22.4% 6.6

    2.2%

    23.4%

    • >100% (21.6)

      24.0 >(100%)

      % EBIT margin

      >(100%)

      Net Income

      (13.3)

      13.1% 3.7

      (27.0%)

      13.5%

    • >100% (12.5)

    12.6 >(100%)

    % Net Income margin

    >(100%)

    7.4%

    (15.6%)

    7.1%

    Minority Interests

    • (0.4) (0.5)

      (22.6%)

      (1.2) (0.2) >(100%)

      Parent Company

    • (12.9) 4.2

    >(100%)

    (11.3) 12.9 >(100%)

2020 79.8 1.8

31/12/20 30/9/20 31/12/19

NFP

129.1

  • 116.7 104.5

    "Monetary" NFP (*)

    93.3

  • 79.7 53.2

*NFP without debts from IFRS16, Put Options, MTM/Fair value Interest Rate Swap

Please note: the percentage changes in this document are calculated on €/1000 amounts, even when they are shown in €/million

Focus on Revenues 1/2

REVENUES BY BUSINESS LINES (M€)

4Q20

4Q19

change YoY

% change YoY

change

% change

2020

2019

Change

YoY

YoY

Pre-Covid

Calendar

COVID19 heldCOVID19 cancelledOne-off

Organized Events Hosted Events Congress Events

7.8

30.4

(22.6)

(74.4%)

53.0

97.7

(44.6)

(45.7%)

  • 2.6 2.6%

0.4

0.4%

(10.2)

(10.4%)

(37.4)

(38.3%)

  • 0.0 0.0%

    0.0

    0.0

    (0.0)

    (100.0%)

    0.0

    1.8

    (1.8)

    (99.0%)

    (0.2)

    (10.3%)

    (0.1)

    (3.9%)

    0.0

    0.0%

    (1.5)

    (84.9%)

  • 0.0 0.0%

    0.6

    5.8

    (5.2)

    (89.7%)

    2.5

    15.5

    (12.9)

    (83.5%)

    0.0

    0.0

    0.0%

    0.0

    0.0%

    (12.9)

    (83.5%)

  • 0.0 0.0%

    2.3

    12.6

    (10.3)

    (82.0%)

    21.2

    57.8

    (36.6)

    (63.4%)

    0.3

    0.2

    0.3%

    (4.6)

    (7.9%)

    (33.0)

    (57.1%)

  • 0.4 0.7%

    (0.6)

    (38.5%)

    3.1

    5.8

    (2.8)

    (47.6%)

    (0.1)

    0.0

    (0.2)

    (2.9%)

    (1.5)

    (24.9%)

  • (1.0) (17.6%)

Food, Stand Fitting and Cleaning Publishing, Sport Events and Other Total Revenues

0.9 11.6

1.5 50.3

(38.7)

(77.0%)

CHANGE REASONS YoY

79.8

178.6

(98.8)

(55.3%)

2.6

CHANGE IN 4Q 2020 (M€)

↗ Pre- Covid, +1.5%: great performances of January's and February's

Organized Events, especially Sigep, VO January and Beer&Food

Attraction.

↗ Calendar, +0,3%: biennial positive impact of IBE.

  • ↙ Covid19 - held events, -8.3%: events held in respect of legislation during the period August-October as TTG, Enada and Abilmente. Services were affected by restrictions, too.

  • ↙ Covid19 - cancelled events, -48.4%: impact due to the cancellation of events planned in 2020.

  • ↙ One-Off, -0.6%: in the 2nd half 2019 part of costs of IPO were extraordinarily charged to the shareholders

0.0% 0.6% (2.1%) 1.5%

0.5

0.0% 0.3%

(14.9)

(8.3%)

(86.4)

(48.4%)

(0.6)

(0.3%)

CHANGE YoY IN REVENUES (M€)

Focus on Revenues - 2/2

2020 RESULTS

18/03/2021

4

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Italian Exhibition Group S.p.A. published this content on 18 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 March 2021 16:35:05 UTC.