Fiere di Parma closes a record 2024 and invests 50 million in five years

Fiere di Parma consolidates its growth and closes 2024 with a consolidated turnover of over 47 million euro, an Ebitda of 12 million, a net profit of the parent company of over 7 million, and a growing net financial position, which provides the board of directors, led by Chairman Mosconi and CEO Antonio Cellie, with over 35 million in liquidity to support the new industrial plan approved last February.

Numbers that testify to the validity of the strategic choices made in recent years and of a management focused on enhancing the territory and its distinctive skills. A model that is based on a federating strategy, which aims to network both the main players of the national and international trade fair system and the main organisers, as well as selected emerging operators of the digital economy..

"In the two-year period 2024-2025, the solidity of Fiere di Parma's business model is clearly emerging," reads the note of the board of directors. "It is the result of a vision built over time thanks to the full sharing of our shareholders, the strategic commitment of all the partners who played a fundamental role in supporting the agreements with Cologne and Milan. With the 2024 budget, the best premises for the new industrial plan are in place, which envisages between 30 and 50 million in investments within five years, all of which will be made in cash, in the district's infrastructure and for the acquisition of new events'.

The industrial project has the ambition of building a 'multidisciplinary and polycentric hub, based on integration and sustainability, which will be decisive - as Cibus and Cibus Tec have been and will be - in intercepting new market demands and supporting Made in Italy in all its expressions,' the note reads.