16.04.2014
Consolidated revenue from 67,990,593 euros in 2014 to 85,757,363 in 2016.
The plan’s guidelines: investment in R&D and internationalization, expansion of historical expos and expo spin-offs, acquisitions, corporate restructuring, business diversification, foreign alliances.
Chairman Cagnoni: “This document clearly shows the lines of our consolidation and development”
In 2016 the debt for the construction of the expo centre will be paid off.
Rimini, 15th April 2014 - A press conference was held today to announce the Rimini Fiera Group’s triennial (2014 – 2016) business plan.
Starting from a forecast Group revenue of 67,990,593 euros for the 2014 fiscal year and 76,544,056 in 2015, the business plan formulates a growth hypothesis by 2016 equal to a consolidated revenue volume of 85,757,363 euros.
In terms of profitability, the Group’s EBITDA will rise to 11,563,013 euros in 2014, 12,987,913 in 2015 and 17,569,955 in 2016.
These are objectives that the Group intends achieving by means of a synergetic consolidation and development process.
Rimini Fiera chairman Lorenzo Cagnoni explained, “Consolidation will be pursued by means of the important growth of the leading expos in our portfolio - particularly SIGEP, Ecomondo, TTG, RiminiWellness, ENADA and Tecnargilla - implementing and combining research & development activity and internationalization in a massive organized manner, the latter very widespread and regarding, with specific features for each individual expo, continental Europe, Eastern nations, North Africa and BRICS.
Development will also be boosted by new expos that are spin-offs of our historical exhibitions, appropriately subdividing the fairs and highlighting industrial sectors with market potential; this is beginning in 2014 with White Evolution on energy efficiency. But, by means of dynamic R&D activity, independent expos will also be launched (in 2015 there will be Beer Attraction, spotlighting the craft beer world).
New expos will also arrive by undertaking acquisitions.
The strengthening and diversification of our subsidiary companies’ business will result in significant evolution in the stand-fitting and catering fields.
Plus, the restructuring of the Group with the integration in Rimini Fiera SpA of TTG Italia and Convention Bureau della Riviera di Rimini will have a positive effect on overall business in terms of the reduction of costs, greater organization efficiency and the ability to meet market and client requirements more rapidly.”
Cagnoni added, “These are challenging figures, but have been strategically studied by our management, which stands out for its competence and market presence. Figures that, as far as profitability is concerned, are unrivalled in the trade fair field in Italy; they will require an extraordinary commitment by the Group, but are appropriately contextualized in the new economic scenario.
This industrial plan is a strong instrument for our Group, providing resources for the development of programs of national and international alliances with precious results for the entire surrounding area.”
Cagnoni concluded announcing that Rimini Fiera SpA’s debt will be paid off in 2016: “At the end of 2013, following the investment of 300 million euros for the construction of the expo centre we inaugurated in 2001, we had a net negative financial position of 14.8 million euros.
In 2016, the debt will be paid off and we shall have a net positive financial position of 4.7 million. This situation will enable us to begin distributing dividends, as of 2017, with 3 million euros.”
MŽ Consulting & Fairs
Poslovne storitve
Matjaž Žigon s.p.
Head Office:
Grčarevec 8
1370 Logatec
Slovenija
Tel.: +386 (0)1 750 94 90
E-mail: info@mz-consulting.org
Turkey Office:
Fenerbahçe Mh. Dalyan Aralığı Sk.
Emek Apt. No:13 D:2 Kadıköy 34726
İstanbul Turčija
Tel.: +90 532 5214849
E-mail: hilal@mz-consulting.org
2024 Calendar
Expo Riva Schuh & Gardabags - Riva del Garda 13-16 January 2024
SIGEP - Rimini 20-24 January 2024
TISE - The International Surfaces Event Las Vegas 24-26 January 2024
FIERAGRICOLA - Verona 31 January-3 February 2024
Samuexpo - Pordenone 1-3 February 2024
Pescare Show - Vicenza 3-4 February 2024
Hospitality - Il Salone dell'Accoglienaza - Riva del Garda 5-8 February 2024
Aquafarm/Novel Farm - Pordenone 14-15 February 2024
ForumPiscine - Bologna 14-16 February 2024
OUTEX - Bologna 14-16 February 2024
MYPLANT & GARDEN - Milano 21-23 February 2024
CUCINARE - Pordenone 2-10 March 2024
Ortogiardino - Pordenone 2-10 March 2024
MYPLANT & GARDEN - Milano 21-23 February 2024
Progetto Fuoco - Verona 28 February-2 March 2024
Key Energy - Rimini 28 February-1 March 2024
Vinitaly - Verona 14-17 April 2024
Enolitech - Verona 14-17 April 2024
Sol & Agrifood - Verona 14-17 April 2024
Radioamatore Hi-Fi car - Pordenone 20 21 April 2024
Next Mobility Exhibition - Milano 8-10 May 2024
Transpotec - Milano 8-11 May 2024
Wine to Asia - Shenzhen 9-11 May 2024
Expo Riva Schuh & Gardabags - Riva del Garda 15-18 June 2024
Xylexpo - Milano 21-24 May 2024
RIMINIWELLNESS - Rimini 30 May-2 June 2024
Wine South America - Brasil 3-5 September 2024
MILANO Fashion&Jewels - Milano 14-17 September 2024
Marmomac - Verona 24-27 September 2024
SUN Beach&Outdoor Style - Rimini 9-11 October 2024
SIA Hospitality Design - Rimini 9-11 October 2024
FIERACAVALLI - Verona 7-10 November 2024
Ecomondo - Rimini 5-8 November 2024
IBE - Rimini 19-21 November 2024
2025 Calendar
MARCA - Bologna 15-16 January 2025
PTE - Milano 22-24 January 2025
Bit - Borsa Internazionale del Turismo - Milano 9-11 February 2025
SANA Food - Bologna 23-25 February 2025
Italia Legno Energia - Arezzo March 2025
Horeca Next - Pordenone 10-12 February 2025
SANA Beauty - Bologna 20-23 March 2025
ZOOMARK - Bologna 5-7 May 2025
AUTOPROMOTEC - Bologna 21-24 May 2025
IPACK-IMA - Milano 27-30 May 2025
Pharmintech - Milano 27-30 May 2025
RIVE - Pordenone 5-7 November 2025
HOST - Milano 17-21 October 2025
SICUREZZA - Milano 19-21 November 2025
MADE EXPO - Milano 19-22 November 2025
Global Elevator Exhibition - Milano 19-21 November 2025
Poslovne storitve, Matjaž Žigon s.p., avtorske pravice pridržane
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