)
Visual21 Nov 2025
Data center suppliers
Fiera Milano (FM) investor relations material
Fiera Milano Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary13 Nov, 2025
Executive summary
Nine-month 2025 results showed double-digit revenue and EBITDA growth, with revenue up 26%, EBITDA up 15%, and net profit up 10% year-over-year, driven by strong performance across all business lines and high cash generation.
Cash generation exceeded EUR 35 million, raising net cash availability to EUR 113.8 million by September 30, 2025.
Diversified business model and strong performance in Congress and Services segments offset softness in fashion-related exhibitions.
Recent acquisitions (Expotrans) and new event launches (Ostarabia, Host Arabia) contributed positively to growth and diversification.
Confirmed as a key international hub, hosting and securing major global events and expanding flagship exhibitions internationally.
Financial highlights
Consolidated revenue reached EUR 231.8 million, up EUR 47.3 million year-over-year (+26%), with like-for-like growth of 10%.
EBITDA rose to EUR 71.6 million, an increase of EUR 9.2 million (+15%) from the prior year.
Net profit for the period was EUR 17.1 million, up EUR 1.5 million (10%) from the first nine months of 2024.
Net financial availability pre-IFRS 16 improved to EUR 113.8 million from EUR 77.8 million at end-2024.
EBIT increased to EUR 33.3 million from EUR 23.8 million, reflecting EBITDA growth and lower depreciation/amortisation.
Outlook and guidance
2025 guidance confirmed: revenue EUR 350–370 million, EBITDA EUR 115–125 million, net cash EUR 100–110 million.
Management expects to reach the upper end of guidance ranges, supported by strong Q4 visibility and major events.
2026 outlook is positive, with contributions expected from Milano Cortina Olympic contracts, CPHI & ICSE, TuttoFood, and new M&A activity.
2027 targets: revenues EUR 355–375 million, EBITDA EUR 120–130 million, with at least EUR 40 million allocated to dividends over 2024–2027.
Formal 2026 guidance will be provided once there is full visibility on event performance and M&A closures.
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Fiera Milano earnings date
Q4 202511 Mar, 2026
Next Fiera Milano earnings date
Q4 202511 Mar, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage