Veronafiere: an intense 2016. Parent company revenues of 78 million euros and Ebitda at 12.2
Sixty-seven events held in Italy and abroad, over 14,000 exhibitors in the Verona Exhibition Centre, together with 750,000 thousand square meters of show space sold and 1.3 million visitors. VeronaFiere signs off a very intense 2016 with revenue of 78 million euros and Ebitda at 12.2 (15.6% of turnover).
At Group level – Veronafiere itself as well as Piemmeti, Médinit, Veronafiere do Brasil, Veronafiere Servizi – consolidated sales came to 86.4 million euros, with Ebitda at 13.5 millions (15.6% of revenues).
The aggregate turnover of the Veronafiere Group in turn came to 98.5 million euros.
These are the key results of Veronafiere’s main operations and outline very positive trends, in terms of turnover and margins, for all the shows, events and initiatives in the calendar during 2016.
The President of Veronafiere, Maurizio Danese,said: «Competing in the international trade fair system today is won through services, innovation and opening new markets. This is why Veronafiere has taken up the challenge with a business plan entailing a cultural revolution in the way trade fairs are implemented, based on know-how, digital transformation and partnerships in the supply chain and the market. The main approach must strengthen the domestic portfolio while also exporting our leading brands. Yet we must continue to be a driving force behind the development and economic and social prosperity of our own local area and the country as a whole».
«Today conditions exist to bring to fruition all the potential of the Group» says CEO Giovanni Mantovani. «Our goal is to expand even further our success in the wine segment as well as a number of other strategic areas, such as agro-tech and marble-construction. The construction field alone covers 9% of the global exhibition market, while wine&food and machinery&technology respectively cover 5% and 6%. And it is precisely in these sectors that ‘software’ action of the new equity company will focus, starting off from internationalisation and promotion processes for Made in Italy products, even in partnership with the institutions and national reference associations».