Fiera Milano reports 27% revenue rise for first nine months of 2026

Fiera Milano has reported its financial results for the first nine months that have seen revenues rise 26.7% to €293.7m compared to the same period of 2025.

Other key consolidated results, as of 30 September 2026, include EBITDA coming in at €89.9m, up 25.6% and the Net result for the period amounting to €32.m, up 91.7%.

The financial release said the Board had approved the results and expected FY2026 revenues at the upper end of the  €380–€400m guidance range.

The CEO and general manager of Fiera Milano, Francesco Conci, commented:

“The results achieved in the first nine months of the year, together with greater visibility on performance in the final part of the financial year, allow us to further raise our profitability outlook for 2026, increasing EBITDA guidance to €110m-€115m from the previous €100m-€110m range. This is a particularly positive signal, especially in a macroeconomic and geopolitical environment marked by uncertainty and volatility, confirming Fiera Milano’s ability to consolidate its performance and translate operating results into growing profitability.

“We also confirm that revenues are expected to be at the upper end of our €380-€400m millon guidance range.”

Growth, Conci said, reflected “the contribution from activities related to the Milano Cortina 2026 Olympic and Paralympic Winter Games, the quality of our exhibition portfolio, the strong performance of our congress business and the progressive expansion of the Group’s perimeter through completed acquisitions.

“The latest indications confirm this positive trend. CPHI and EICMA delivered better-than-expected results, accompanied by particularly strong demand for exhibition and stand-fitting services. The congress segment also continues to outperform expectations, confirming the growth opportunities in this business. We look towards year-end with confidence, while recognising that, despite the extraordinary contribution from the Olympic Games and the expansion of the Group, the comparison with 2025 is affected by an unfavourable exhibition calendar. Our ability to further improve our profitability forecasts in a challenging environment confirms the Group’s strength and the soundness of its industrial foundations.”

The Board also noted the Fiera’snew Sustainalytics ESG rating had improved by 35% compared to 2022. This was, said Conci, “A path we intend to further strengthen and develop as part of our new 2027-2031 Strategic Plan, which we will present in the first quarter of next year and which will outline our priorities to consolidate our competitive positioning, capitalize on growth opportunities, and further expand our presence in domestic and international markets.”

Revenues generated by the Italian Exhibitions Business in the first nine months of the year amounted to €212.0m, an increase of €32.4m compared to the first nine months of 2025.

During the first nine months of the year, 33 exhibitions were held in Italy.

On the international market, revenues generated by the Foreign Exhibitions Business amounted to €5.7m in the first nine months of 2026, up €1.4m on the corresponding period of 2025.