Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Fiera Milano S.p.A. is a leading Italian company specializing in the organization and hosting of exhibitions, trade fairs, congresses, and international events. Founded in 1920 and headquartered in Rho, Italy, it operates through three main segments: Italian Exhibitions Business, Foreign Exhibitions Business, and Congresses. The Italian Exhibitions segment manages the promotion, furnishing, and equipping of exhibition spaces, along with stand-fitting, technical services, content production, advertising, digital services, conferences, and training courses. The Foreign Exhibitions segment extends these activities internationally, providing similar project support and ancillary services abroad. The Congresses segment focuses on conference management, destination services, and catering through subsidiaries like Fiera Milano Congressi SpA and MiCo DMC Srl. As a key player in the industrials and specialty business services sector, Fiera Milano S.p.A. supports diverse industries by facilitating global business networking, product showcases, and professional gatherings, generating the majority of its revenue from domestic exhibitions.
18.77% operating margin is respectable but not wide. ROIC at 10.27%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue up 39.1% YoY with margins expanding 9.2pp.
Insufficient data to identify specific risks. Treat any missing metrics as a data gap, not a clean bill of health.
Profitability & Returns
Revenue (TTM)
€443M
▲ +39.1% YoY
Net Income (TTM)
€82M
▲ +165.3% YoY
Op. Margin
24.54%
▲ +9.2pp YoY
ROIC
10.27%
▲ +6.6pp YoY
Cash Flow & Balance Sheet
FCF (FY)
€148M
▲ +181.0% YoY
Op. Cash Flow (FY)
€151M
▲ +177.4% YoY
Net Debt
€152M
Cash & Equiv.
€187M
3Y CAGR: +19.9%
3Y CAGR: +72.3%
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