(Finance) – Italian Exhibition Group (IEG) closes the three months to 31 March 2022 with revenues which amounted to 38 million euros and “are affected by the effects of the latest pandemic wave induced by the Omicron variant of the Sars-Cov-2 infection, which peaked in January and yielded
it is necessary to recalend all the events that traditionally take place in the months of January and February. “Compared to the first quarter of 2021, in which only events in digital format (Sigep EXP and We Are) were held, revenues recorded an increase of 35 , 6 million euros.
EBITDA is equal to 7 million euros, an increase of 14.2 million euros compared to the same period of the previous year where it stood at a loss of 7.2 million.
L’EBIT it stands at 3 million euros, an increase of 14.4 million compared to the same period of the previous year.
The Result before the taxes is 3.3 million euros, up by about 15.2 million while the Group result for the period amounts to 1.8 million euros, an increase of 13.7 million euros compared to the same period of the previous year.
There Net financial position at 31 March 2022 it amounted to 107.7 million euros, a modest increase of 2.1 million euros compared to 31 December 2021.