Brief: Fiera Milano FY Prelim. Revenue Down At EUR 74 Mln, Issues 2021-2025 Business Plan

Fiera Milano SpA

23/02/2021 07:28

Feb 23 (Reuters) - Fiera Milano SpA  FIMI.MI :
    * ISSUED ON MONDAY ITS 2021-2025 BUSINESS PLAN 
    * SEES 2025 REVENUES AT EUR 290-310 MLN
    * SEES 2025 EBITDA AT EUR 110-120 MLN
    * SEES NET CASH (BEFORE IFRS 16 IMPACT) AT END-2025 EUR
75-85 MLN,
WHICH WILL ALLOW TO EVALUATE M&As AND SHAREHOLDER RENUMERATION
    * PLANS EUR 115-125 MLN INVESTMENTS DURING BUSINESS PLAN
    * PRELIM FY REVENUE EUR 74 MLN VS EUR 280 MLN YEAR AGO
    * PRELIM FY EBITDA EUR 10.4 MLN VS EUR 106 MLN YEAR AGO
    * OBTAINS FIVE-YEAR LOAN OF EUR 20 MILLION FROM ITALY'S
STATE
LENDER CDP, BACKED BY ITALY'S SACE GUARANTEE SCHEME 

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA5q5hzd
    
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