IEG debuts on Italy's stock exchange

Gwen Kaufmann, m+a - Tuesday, July 30, 2019    


Italian Exhibition Group IEG debuted on the Borsa Italiana, Italy's stock exchange, on June 19, 2019. With the listing, the company raised 19.9 million euros. The total 2018 sales revenue was approximately 160 million euros. Ugo Ravanelli, CEO of Italian Exhibition Group commented: "We dedicate this goal to our client companies worldwide. President Lorenzo Cagnoni and I, along with our shareholders, have clearly identified the directions to be taken for our growth, under the banner of efficiency, innovation and internationalisation. We shall therefore proceed rapidly, thanks to the quality of the management, our products and with the boost of planned investments."


Related Articles

Exceeding expectations

GL events reported consolidated revenue for FY2019 of €1.173 billion, exceeding expectations with strong overall growth of 12.7%.

Read more
Peraboni in charge of internal control and risk management system

Corrado Peraboni has been appointed member of the board of directors with the role of CEO at Italian Exhibition Group, effective January 1, 2020.

Read more
2019 group sales around 733 million euros

Messe Frankfurt has closed financial year 2019 with group sales of around 733 million euros (2018: approx. 718 million euros; 2017: approx. 669 million euros).

Read more

Most read articles

New waste disposal system

Sniec has launched an initiative to rid itself of the large volumes of waste generated by events

Read more
Support for Sustainable Development Goals

UFI has updated its database of initiatives and projects from the exhibition industry that support the Sustainable Development Goals of the United Nations (UNSDGs).

Read more
Heimtextil to launch in Colombia in 2021

Messe Frankfurt has licensed its Heimtextil brand to Inexmoda

Read more

Categories and Tags

Markets | Practice | Italian Exhibition Group | IEG | Borsa Italiana | Italy | Revenue