Veronafiere shareholders’ meeting unanimously approves the 2025 financial statements

Group revenue reaches €116.6 million. EBITDA totals €20.5 million and net profit €5 million. Net financial position remains positive at €11.6 million. Seven new events launched in Italy and abroad during 2025.

Verona, 17 June 2026 – The Shareholders’ Meeting of Veronafiere S.p.A. today unanimously approved the Company’s 2025 financial statements and acknowledged the Group’s consolidated financial statements. The year closed with positive results despite a trade fair calendar that did not include major biennial exhibitions such as Fieragricola and Progetto Fuoco.

At consolidated level, the Group recorded revenue of €116.6 million, with EBITDA of €20.5 million, EBIT of €6.1 million, and a net profit of €5 million. The comparison is with 2023, the most comparable year in terms of exhibition calendar, although it included the triennial SaMoTer exhibition. Compared to that year, net profit increased by €1.2 million. The Group’s net financial position stood at €11.6 million, improving on the €6.4 million recorded in 2024 and the net debt position of €17.9 million in 2023.

Parent company Veronafiere S.p.A. reported revenue of €93 million, EBITDA of €16.9 million, and a net profit of €6 million, with EBITDA exceeding budget forecasts by €1.6 million.

The Group’s performance was also supported by its subsidiaries, operating in two strategic areas. The platforms in Brazil (Veronafiere do Brasil) and China (Veronafiere Asia Ltd) serve as instruments for the international development of Veronafiere’s leading brands, foremost among them Vinitaly and Marmomac, in markets of strategic importance for Made in Italy products and international trade. Meanwhile, the companies operating in exhibition services—Veronafiere Servizi, Eurotend and Int.Ex, together with its U.S. subsidiary—strengthen the Group’s integrated offering through the design, construction and rental of exhibition stands, tensile structures and tailor-made solutions.

In 2025, Veronafiere further consolidated its positioning as an “event factory.” The Group operates as both owner and organizer, not merely hosting events but conceiving, developing and managing them directly. Approximately 90% of revenue is generated through this business model, a distinctive feature within the Italian exhibition industry that enables long-term planning, targeted investments and direct engagement with the industries represented.

This strategy was reflected in the launch of seven new events in the 2025 calendar, four in Verona and three abroad. The Verona exhibition centre hosted the first editions of SOL2EXPO, Vita in Campagna and Solar & Storage Live Italia, as well as the Italian leg of HYROX. Internationally, Veronafiere launched Marmomac Brazil in São Paulo, Modal Expo, also in Brazil, and a new Vinitaly event in India.

Overall, Veronafiere organized 52 exhibitions and events in 2025, including 39 in Italy and 13 abroad, across six countries. The Verona exhibition centre welcomed 670,254 visitors and 10,580 exhibitors, occupying a net exhibition area of 550,557 square metres. These figures were complemented by the Group’s conference business, which hosted 274 conferences and congresses, involving approximately 46,000 delegates and professionals.

“The 2025 financial statements confirm a performance in line with the solid results achieved in 2024, demonstrating the strength of an industrial model capable of generating both revenue and profitability,” said Federico Bricolo, President of Veronafiere. “A particularly remarkable aspect of 2025 was the launch of seven new events, reflecting a strategy that combines strong roots in Italy with global expansion. This highlights our dynamic approach to portfolio development, based on listening to industry needs, monitoring emerging trends and strengthening our presence in sectors aligned with the transformation of the economy and society. These results are the outcome of the shared commitment of the Board of Directors, management, all Group employees and our subsidiaries, who worked with professionalism and dedication. Veronafiere’s objective remains to create long-term value for shareholders, businesses, local communities and the broader economic system, which finds in our events not only markets but also vision, connections and opportunities for growth.”

Alongside the launch of new events, the Group continued to expand successful formats beyond the Verona exhibition centre, including Vinitaly and the City in Sibari, SOL and the City in Catanzaro, and JOB&Orienta in Bari. For Veronafiere, growth also means replicating successful exhibition brands and adapting them to different territories and local needs.

Internationally, the Group’s direct presence in the United States, Brazil and China, supported by a network of 60 international representatives, continued to assist companies in accessing new markets, expanding Veronafiere brands in high-potential regions and attracting international buyers to events in Italy. Institutional partnerships with ITA – Italian Trade Agency, government ministries, embassies and chambers of commerce were further strengthened as part of this international development framework supporting Made in Italy excellence.

The year 2025 was also significant from a governance perspective. The Shareholders’ Meeting renewed the Board of Directors for the 2025–2028 term, confirming the current presidency and introducing a substantially renewed composition which, for the first time, features a female majority.

Throughout the year, Veronafiere also strengthened its ESG strategy. Sustainability was integrated into decision-making processes at every level of the organization through dedicated working groups. The Group renewed its ISO 50001 certification for energy management and obtained UNI/PdR 125:2022 certification for gender equality, reflecting internal policies focused on inclusion, equal opportunities and the promotion of a corporate culture based on respect, empowerment and employee wellbeing.

Finally, a new Company Supplementary Agreement was signed, introducing a range of concrete measures aimed at enhancing corporate welfare, work-life balance and talent development.

VERONAFIERE S.P.A. SHAREHOLDING STRUCTURE

• Municipality of Verona: 39.483%
• Cariverona Foundation (Fondazione Cassa di Risparmio di Verona, Vicenza, Belluno e Ancona): 24.078%
• Verona Chamber of Commerce: 14.364%
• Banco BPM S.p.A.: 7.0094%
• Generali Italia S.p.A.: 6.0106%
• Veneto Agency for Innovation in the Primary Sector: 5.4920%
• Province of Verona: 1.4019%
• Intesa Sanpaolo S.p.A.: 1.3541%
• Banca Veronese Credito Cooperativo di Concamarise: 0.6179%
• Immobiliare Magazzini S.r.l.: 0.1883%