The Board of Directors approves the Consolidated Financial Statements at 31 December 2018

Growth in consolidated financial and economic results: net profit, EBITDA, and net financial position significantly improving compared to 2017, despite a less favourable exhibition calendar. Return to distribution of the dividend

• Net profit of Euro 18.6 million (7.5% of the revenues) compared to Euro 1.7 million in 2017 (0.7% of the revenues)
• EBITDA equal to Euro 31.9 million, more than double compared to the figure of Euro 15.1 million in 2017
• Revenues of Euro 247.2 million compared to Euro 256.3 million in 2017, mainly considering a different exhibition and congress calendar
• Net cash of Euro 23.7 million compared to net debt of Euro 0.8 million at 31 December 2017
   

Distribution of a dividend of 13 cents per share proposed to the Shareholders’ Meeting

2019 EBITDA¹ forecast within a range of Euro 36-40 million, an improvement compared to the Strategic Plan's Euro 31-33 million target