Income Statements

Fiera Milano reports record figures for the first nine months and an upward revision to its forecasts

In September, revenue stood at 293.7 million (+26.7 per cent), EBITDA at 89.9 million (+25.6 per cent) and net profit at 32.7 million (+91.7 per cent)

Esterno di fieramilano, porta sud (Imagoeconomica)

2' min read

Translated by AI
Versione italiana

2' min read

Translated by AI
Versione italiana

Fiera Milano posted strong growth figures for the first nine months of 2026, with revenue reaching €293.7 million (+26.7 per cent), EBITDA at €89.9 million (+25.6 per cent) and net profit at €32.7 million (+91.7 per cent).

The increase in revenue is mainly attributable to activities relating to the Milan-Cortina, both through the use of exhibition spaces and the construction of temporary infrastructure at the Rho site, and through the use of the Milan conference centre, which hosted the Olympics’ Main Media Centre.

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EBITDA: guidance revised upwards

For the current financial year, the company expects revenue at the upper end of its guidance range of 380–400 million and is revising its EBITDA guidance upwards to 110–115 million from the previous range of 100–110 million, based on the results achieved and greater visibility regarding the fourth quarter.

“The results achieved in the first nine months of the year and the greater clarity regarding the outlook for the remainder of the financial year allow us to revise our profitability forecasts for 2026 further upwards, bringing the EBITDA guidance to €110–115 million, compared with the previous range of 100–110 million,” said the company’s Chief Executive Officer and General Manager, Francesco Conci. ‘This is a particularly positive sign, especially in a macroeconomic and geopolitical context characterised by uncertainty and volatility, confirming Fiera Milano’s ability to consolidate its performance and translate operational results into growing profitability.’

Trade fairs and conferences: figures exceed expectations

The figures from recent weeks also confirm this positive trend. In particular, events such as Cphi and Eicma have recorded better-than-expected results, explains Conci, “accompanied by particularly buoyant demand for trade fair and stand-fitting services”. The conference sector is also performing better than forecast, confirming the growth potential of this sector.

“We look forward to the end of the financial year with confidence, aware that, despite the extraordinary contribution of the Olympic Games and the expansion of the Group’s scope, the year-on-year comparison with 2025 is affected by an unfavourable trade fair calendar,” added the CEO. “Our ability to further improve our profitability forecasts, in a complex environment, confirms the Group’s strength and the solidity of its industrial foundations.”

Sustainability and Strategic Plan

The integration of sustainability into the company’s strategies and processes is also continuing, a commitment that is further confirmed by the new ESG rating awarded by Sustainalytics, which has improved by 35 per cent compared with 2022. “This is a path we intend to strengthen and develop further as part of the new 2027–2031 Strategic Plan, which we will present in the first quarter of next year and which will set out the priorities for consolidating our competitive position, capitalising on growth opportunities and further strengthening our presence in national and international markets,” he concluded.

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