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Press release n. 1 of the 04/02/2021 13.05.05 ( download )

Italian Exhibition Group, in agreement with the stakeholders and to support the market´s recovery, sets the appointment for 2022 for the expo dedicated to the professionals in the world of lighting, audio, video, integrated systems and broadcast for the entertainment and event industries.

Rimini, 4th February 2021 . In the context of the pre-announced program for the overall rescheduling of its 2021-2022 expo calendar, Italian Exhibition Group has planned a new route for MIR TECH, Music Inside Rimini, which sets its appointment with the professionals in the world of lighting, audio, video, integrated systems and broadcast for the show and event industries for the spring of 2022.
A feasibility plan is also being worked on with the Italian market´s major companies for a new format-event for the autumn of 2021, conceived as a run-up route to next year´s live appointment.

MIR TECH is the only event in Europe entirely dedicated to lighting, audio, video and rigging innovation and technology that enables visitors to test the sector´s leading companies´ technology live.

Italian Exhibition Group (IEG), listed on the Screen-based Share Market (MTA) organised and managed by Borsa Italiana S.p.A., is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in Milan and Arezzo. The IEG Group is notable in the organisation of events in five categories: Food & Beverage; Jewellery & Fashion; Tourism, Hospitality and Lifestyle; Wellness, Sport and Leisure; Green & Technology. In the last few years, IEG started a significant expansion process abroad, also through the conclusion of joint ventures with local operators (for example, in the United States, Arab Emirates and in China). IEG closed the 2019 financial year with consolidated total revenues of € 178.6 million, an EBITDA of € 41.9 million and a consolidated net profit of € 12.6 million. In 2019, IEG totalled 48 organised or hosted fairs and 190 conferences.

This press release contains forecast elements and estimates that reflect the management´s current opinions (´forward-looking statements´), particularly regarding future management performance, realization of investments, cash flow trends and the evolution of the financial structure. For their very nature, forward-looking statements have a component of risk and uncertainty, as they depend on the occurrence of future events. The effective results may differ (even significantly) from those announced, due to numerous factors, including, only by way of example: food service market and tourist flow trends in Italy, gold and jewellery market trends, green economy market trends; the evolution of raw material prices; general macroeconomic conditions; geopolitical factors and evolutions in the legislative framework. Moreover, the information contained in this release does not claim to be complete, and has not been verified by independent third parties. Forecasts, estimates and objectives contained herein are based on the information available to the Company as at the date of this release.