Wednesday, 27 January 2021
IEG IS READY TO RE-START WITH EXPOS AND CONFERENCES: AUTHENTIC RELIEF FOR COMPANIES´ BUSINESS
Italian Exhibition Group´s calendar of events foreseen in the first part of 2021 rescheduled
Rimini, 27th January 2021 - Italian Exhibition Group, key international expo and conference player, with its Rimini and Vicenza expo venues and listed on the screen-based share market (MTA) organized and managed by Borsa Italiana SpA, is facing the world emergency by making rapid choices in Italy and abroad. IEG President Lorenzo Cagnoni says, ´Fundamental strategic choices made to keep the engines running, now ready to take off again along with the companies with an overall replanning of the calendar and formats of the events foreseen in the first part of 2021.´
The gradual administration of vaccine throughout the world and simultaneous discussion by the European Union on international travel will shortly result in a new scenario.
IEG CEO Corrado Peraboni adds, ´Trade fairs are and will remain the most powerful business multipliers. The pandemic stopped them, cutting activity by 80% in 2020, but, in agreement with the stakeholders, we have prepared projects for 2021 that will contribute in a decisive manner to exporting the best of made in Italy. It must be remembered that Italy´s trade expos generate business for 60 billion euros annually. Their restart will be the most substantial strategic relief that Italy´s economy can be offered.´
SIGEP, the International Trade Show of Artisan Gelato, Pastry and Bakery and the Coffee World, will launch its ´Road map to SIGEP 2022´ (the edition being held live from 22nd to 26th January next year at Rimini expo centre) with a completely digital version from 15th to 17th March. Beer & Food Attraction, the expo dedicated to excellent beer and beverage and food for the Ho.re.ca. market, and BBTech Expo, the professional exhibition of technologies for beers and beverages, also foresee a run-up to the 2022 edition that will begin with a full-digital appointment from 12th to 14th April.
Scheduling the calendar of B2B appointments for the gold and jewellery sector - led solely by IEG in Italy - Vicenzaoro will be held in Vicenza from September 10th to 14th, along with T.GOLD, the international show of jewellery machinery and technology, and VO Vintage, the marketplace for premium vintage watches and jewellery. Oroarezzo will reopen the Arezzo expo centre from 12th to 15th June 2021. The international community´s return to the venue will be anticipated by WE ARE Jewellery, on 23 March, with a unique digital B2B format organized to promote new jewellery collections with buyers connected from all over the world.
The B2C expos hosted by Vicenza´s expo hub will include Abilmente, a national reference point for creative manual skills, highlighted by the spring edition (from May 27th to 30th)..Target sports, hunting and outdoor life will be spotlighted with a summer edition of HIT SHOW, from June 5th to 7th, then return to open a new season from February 12th to 14th 2022.
On the other hand, Koinè - XIX International Exhibition of Sacred Arts will support the recovery of business in the sacred product chain from October 24th to 26th, also in Vicenza.
MIR TECH, Music Inside Rimini has an appointment with trade and industry members from the world of lighting, audio, video, integrated systems and broadcast for the show and event industry in 2022, preceded by a unique format currently being finalized for this year in the autumn. Enada, the reference expo for southern Europe and the Mediterranean basin for the gaming and amusement machine world, will be held from 21st to 23rd September, also at Rimini Expo Centre. RiminiWellness will be held in the summer season, in sync with the great sports appointments of Ginnastica in Festa (between the end of June and the beginning of July) and Sportdance (mid-July). Also for the fitness world, the first editions of Dubai Muscle Show and Dubai Active under the IEG banner have been confirmed at Dubai World Trade Center: they will be held in the city overlooking the Persian Gulf from 28th to 30th October 2021, simultaneously with the world Expo.
In the hosted and co-organized expo sector, Expo Dental Meeting will run from June 17th to 19th, whereas Macfrut, which this year will feature the simultaneous debut of Fieravicola, will be held from 7th to 9th September.
Intense IEG activity on the conference front, with the development of great new all-digital events and the rescheduling of some conferences to meet organizers´ requirements, while other appointments (such as GOI´s Gran Loggia 2021 at the beginning of April) have already been confirmed. In this period of compulsory stoppage of live conference activity, work has been intensely concentrated on foreign candidatures, achieving very gratifying results. Ten appointments of great international calibre have already been confirmed between 2021 and 2025. These include the 29th Congress of the European College of Sport Science (3-5 July 2024).
FOCUS ON ITALIAN EXHIBITION GROUP
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. www.iegexpo.it
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.