FIERA MILANO: A WORLD LEADER IN THE TRADE FAIR SECTOR AND A RESOURCE FOR THE COUNTRY The growing expansion of major extra-European markets is contributing in an increasingly important way to the Group’s results. Improved management efficiency and the revamping of the top exhibitions, in order to defend one’s leadership in the global exhibition market which is becoming increasingly competitive. Fiera Milano changes, so that it can be sure to provide the manufacturing sector with trade fair events that are always in line with business and communication requirements. 556.477 569.687 579.215 698.398 797.763 831.033 961.797 1.032.437 1.438.949 1.439.638 Fiera Milano, the European leader in terms of net square metres of exhibition space for international events Source: Cermes Bocconi, 2012 Average figures for 2009-2010 ▪ WHAT IS FIERA MILANO. Fiera Milano is one of the top European trade fair companies in terms of net surface area available for international exhibitions. But it is not only a major trade fair venue. It is also a top level conference organiser and provides its clients with a whole range of specialist services in the following areas: - organisation and hosting of exhibition events in Italy and abroad (Extra-European Countries); - stand fitting services; - media (online and offline content and editorial services, management training; event organisation); - congress management ▪ AN IMPOSING TRADE FAIR COMPLEX. In the outskirts of Milan (in the Rho district), Fiera Milano has at its disposal one of the largest, most modern and functional exhibition districts in existence. The complex, connected to the town centre by subway and rail, offers exceptional spaces and services: 345 thousand square metres of gross covered area (with an additional 60 thousand square metres of outdoor space), twenty pavilions almost without columns, 74 meeting rooms of which 10 in the Stella Polare convention centre, 84 refreshment areas and restaurants, 10 thousand parking places for visitors and 5 thousand for exhibitors, a modern hotel with 400 rooms located close to the South entrance to the district. A further 43 thousand metres of exhibition space, earmarked for smaller exhibitions or clients that prefer to be located in town, are also available in the two large pavilions in the heart of Milan. Fiera Milano is the largest trade fair district in Italy First five trade fair districts in Italy. 1 Fiera Milano (Rho) 2 Bologna 3 Verona 4 Rome 5 Rimini Gross covered exhibition space (thousands of square metres) 345 200 152 119 109 SOURCE: EMECA 2011, JULY 2012 … and among the largest in the world Top 10 trade fair districts in the world 1 Hanover Exhibition grounds 2 Frankfurt/Main Exhibition grounds 3 Fiera Milano (Rho) 4 China Import & Export Fair Complex Guangzhou 5 Cologne Exhibition grounds 6 Düsseldorf Exhibition grounds 7 Paris - Nord Villepinte 8 McCormick Place Chicago 9 Fira Barcelona Gran Via 10 Feria Valencia Gross covered exhibition space (thousands of square metres) 470 356 345 340 284 263 243 242 240 231 SOURCE: AUMA – DATA UPDATED JANUARY 2012 ▪ A TRADE FAIR CONNECTED TO THE WORLD. Thanks to Milan’s very central position within the international network of land and air connections, Fiera Milano can be easily reached from any corner of the world. It also boasts an excellent offer in terms of hotels in town and can rely on the untold opportunities for entertainment, shopping, culture and tourism offered by the city of Milan. ▪ EVENTS. Each year Fiera Milano hosts sixty or so events in Italy (approximately a third of which are directly owned and organised by the company) and currently produces sixty more abroad. These shows are unbeatable business and internationalisation platforms and the ideal tools through which, with a low level of investment, one can reach profiled targets and markets which would otherwise require very expensive commercial activities. The Fiera Milano exhibitions represent the “state-of-the-art” of the reference sector at the international level: fashion, furnishing and interior design, instrumental mechanics, tourism and professional hospitality, the food sector, systems and energy, contruction and art are just a few of the Fiera Milano sectors. The Fiera Milano event portfolio divided by sector (period 2009-2011) Tourism-SportLeisure Transportation Cosmetics and chemicals Food - Catering Fashion – Fabrics Clothing Furnishing Arts and Crafts Household articles and gifts Precision tools Electronics – Electrotechnics - Safety Trade - Services Construction – Systems - Energy CommunicationICT ▪ FIERA MILANO WORLDWIDE. Fiera Milano is developing a considerable and constantly growing share of its activities abroad: it operates in China, Brazil, India, Russia, Turkey, South Africa and Singapore. The internationalisation strategy is flexible and includes the setting up of partnerships (such as the one signed with the German Hannover Trade Fair in China and India in 2008) as well as acquisitions (such as the Brazilian trade fair operator Cipa in 2011; the Turkish trade fair company Interteks and the South African company Cape Gourmet Food Festival in 2012; the Chinese WorldEx Newco in 2013), direct operation (in Russia the LLC Fiera Milano has been set and along with India Fiera Milano in India) and commercial agreements. At the moment Fiera Milano organizes around 80 exhibitions abroad. The internationalisation activity is also focused on the globalisation of the top brands owned by the trade fair company. The home show Macef has been launched in Brazil and Russia, and Food Hospitality World, an itinerant “global” exhibition, has been brought to China, India, Brazil and in 2014 will be also in South Africa and Turkey. Food Hospitality World brings to bear the experience that Fiera Milano has developed through managing the events Host (professional hospitality show) and Tuttofood (food goods). ▪ CONGRESSES. Congress management, allocated to the subsidiary company Fiera Milano Congressi, is of primary importance to Fiera Milano. Since 2011 Fiera Milano can rely on MiCo – Milano Congressi, the most modern conference centre in Europe and the only one that can host up to 18,000 delegates in an auditorium seating 1,500, two plenary halls seating 4,000 and 2,000 respectively and approximately 70 modular rooms. And to this one must add 54 thousand square metres of supporting exhibition space and 1,100 parking spaces. The creation of MiCo, which was made possible by converting part of the exhibition space no longer used in town, has meant an investment of 64 million euro by Fondazione Fiera Milano which controls Fiera Milano SpA. In addition to MiCo, Fiera Milano Congressi can also use the Stella Polare Conference Centre, in the heart of the exhibition district in Rho (9 modular rooms seating between 81 and 728 people and an elegant elliptical auditorium with 1008 seats, ideal not only for congresses and events, but also for fashion shows and concerts). ▪ MEDIA COMPANY. Fiera Milano also means flexible and multichannel company communication, both on and off line. The subsidiary company Fiera Milano Media offers companies communication services which integrate the traditional specialist publication and web advertising channels and the networking platform of conferences and training workshops. ▪ FINANCIAL AND ECONOMIC DATA. Fiera Milano SpA has been listed in the Star segment of the Borsa Italiana’s main Stock Exchange since 2002. The Fiera Milano Group has posted a consolidated turnover of 263.4 million euro and a net occupied surface area of 1.4 million square metres in Italy and 0.4 million square metres abroad. The consolidated EBITDA (Earnings before interest, taxes, depreciation and amortisation) stood at 17.9 milion euro and the earnings before interest and taxes (EBIT) amounted to 2.1 million. for information: Fiera Milano Press Office, Sergio Pravettoni tel +39 0249977428 sergio.pravettoni@fieramilano.it