Future ROE: FM's Return on Equity is forecast to be low in 3 years time (14.9%). Short Term Liabilities: FM's short term assets (â¬71.8M) do not cover its short term liabilities (â¬172.5M). The aforementioned documents are also available on the Company website www.fieramilano.it, in the Investors/Governance section, and on the authorised storage system eMarket Storage (www.emarketstorage.com). 10/26: FIERA MILANO: Publication of the minutes of the Shareholders' meeting and of th.. PU. High ROE: FM has a negative Return on Equity (-42.13%), as it is currently unprofitable. In addition, the almost total absence of exhibitions in the summer months of July and August has a major effect on Q3 results. Explore growth companies in the Commercial Services industry. During the third quarter, the Company reported Revenues from sales and services of Euro 11.3 million, compared to Euro 30.1 million in the third quarter of 2019. DataSource and SupplyLogic have merged (posted on Aug 17, 2020). S&P DISCLAIMS ANY AND ALL EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. This is an excerpt of the original content. The impact of IFRS 16 accounting principle in the nine months under review amounted to Euro 35.4 million compared to the figure recorded in the same quarter of the previous year (Euro 36.0 million). Find the latest FIERA MILANO (FM.MI) stock quote, history, news and other vital information to help you with your stock trading and investing. EBIT was negative Euro 28.9 million compared to positive Euro 30.4 million in the first nine months of 2019. Carlo Bonomi has joined the company as President (news posted on April 28 2020).. This is an excerpt of the original content. Following on from lockdown, the events were supported by new technological infrastructure made possible by investments in the Smart District, Digital Signage and the Fiera Milano Platform. (9%) has been stable over the past year, but is still higher than 75% of Italian stocks. Currency in EUR, The Man Who Bought Amazon at $48 Says Buy TaaS Now. Its offer is completed by engineering services, stand-fitting services - for both pre-fabricated and customised stands - stand-fitting technical and logistic services, as well as a multichannel platform that includes specialist publications, web content and congresses. © 2020 Verizon Media. than 90% of Italian stocks over the past 3 months. Fiera Milano S.p.A. published this content on 26 October 2020 and is solely responsible for the information contained therein. It operates through Italian Exhibitions Business, Foreign Exhibitions Busine... Show more. Return vs Industry: FM underperformed the Italian Commercial Services industry which returned -34.8% over the past year. /* sc-component-id: sc-RefOD */ FM is unprofitable, so we can't compare its. FIERA MILANO live news and press releases : economic, financial and stock exchange information, videos and market rumors Fiera Milano (BIT:FM) Share Prices Have Dropped 41% In The Last Year. Fiera Milano SpA, together with its subsidiaries, operates in the exhibition and congress industry in Italy and internationally. D&B - Dun & Bradstreet has announced the acquisition of Bisnode (posted on Oct 9, 2020). The number of exhibitors went from 3,595 in the third quarter of 2019 to 1,535. Debt Level: FM's debt to equity ratio (46.8%) is considered high. Dilution of Shares: Shareholders have not been meaningfully diluted in the past year. FIERA MILANO: THE BOARD OF DIRECTORS APPROVES THE INTERIM MANAGEMENT. Fiera Milano S.p.A. hereby informs that the Board of Directors for the approval of the Consolidated Interim Management Report as at 30 September 2020 will be held on 10 November 2020, instead of 5 November 2020, which was originally communicated on 19 December 2019. Carlo Bonomi has joined the company as President (news posted on April 28 2020). To a large extent, results reflect activities in January, February and September 2020. Stable Cash Runway: Whilst unprofitable FM has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level. Luca Palermo has joined the company as Director (news posted on October 16 2020). How is Fiera Milano's financial position? (2018). FIERA MILANO SPA : News, information and stories for FIERA MILANO SPA | Deutsche Boerse AG: FM3 | Deutsche Boerse AG FM's debt to equity ratio has reduced from 665.1% to 46.8% over the past 5 years. Contacts Show experience. PEG Ratio: Insufficient data to calculate FM's PEG Ratio to determine if it is good value. to the IT Commercial Services industry average. 13194800150 – REA (Economic and Administrative Index) of Milan no. During the third quarter, seven exhibitions and one congress with related exhibition space were held in the fieramilano and fieramilanocity exhibition sites, totalling 63,290 net square metres of exhibition space, compared to 158,105 net square metres of exhibition space in the same period of 2019. The Group's business has seasonal elements due to biennial and multiannual exhibitions. Fiera Milano SpA, together with its subsidiaries, operates in the exhibition and congress industry in Italy and internationally. Fabrizio Curci, Chief Executive Officer and General Manager, has left the company (news posted on June 18 2020). 07/28: FIERA MILANO: Information relating to the termination of agreements with Fabriz.. PU. Discover Created with Lunacy. Net financial debt including the IFRS 16 lease liability amounted to Euro 475.6 million, compared to Euro 449.6 million at the end of June 2020 (Euro 405.1 million at 31 December 2019). Today we'll look at Fiera Milano SpA (BIT:FM) and reflect on its potential as an investment. The plan will be presented to the market in early 2021. To continue reading it, access the original document here. Amendment of the financial agenda pursuant to article 2.6.2 paragraph 1 letter b) of the Rules of the Markets organised and managed by Borsa Italiana S.p.A. Milan, 19 October 2020. Is Fiera Milano SpA (BIT:FM) A Good Fit? For each of our 914,035 listed executives. 337927). Explore more healthy companies in the Commercial Services industry. FM's dividend (4.8%) is low compared to the top 25% of dividend payers in the Italian market (4.98%). Return vs Market: FM underperformed the Italian Market which returned -12.3% over the past year. In a scenario that continues to be extremely volatile and uncertain, the Company has taken further cost containment actions. Experienced Board: FM's board of directors are considered experienced (3.1 years average tenure). In the first nine months of the year, Revenues from sales and services amounted to Euro 67.3 million compared to Euro 183.9 million in the same period of last year, down 63% due to the prolonged suspension of exhibition and congress activities, which led to a significant change in their schedules and the cancellation of important exhibitions including the Salone del Mobile, Mido, Mostra Convegno Expocomfort, as well as the absence of biennial exhibitions held in odd- numbered years (Tuttofood, Transpotec Logitec and Made Expo). The impact of IFRS 16 in the quarter under review amounted to Euro 11.7 million compared with Euro 11.8 million in the third quarter of 2019. The September schedule also saw the first digital edition of Miart. 13194800150 All rights reserved. Specifically, the business of the Group is focused on the management, organisation and hosting of exhibitions and other events through ensuring the availability of equipped exhibition space, project support and related services. Share Price & News. What is Fiera Milano current dividend yield, its reliability and sustainability? have bought more shares than they have sold in the past 3 months. Milan Business Register no. FM underperformed the Italian Commercial Services industry which returned -34.8% over the past year. __________________________________________________________________________________________________. Discover new investment ideas by accessing unbiased, in-depth investment research, Milan - Milan Delayed Price. Stable Share Price: FM is more volatile than 90% of Italian stocks over the past 3 months, typically moving +/- 9% a week.