Net income of Fiera Milano Group 2015-2020
Due to the coronavirus (COVID-19) pandemic, several trade fairs, exhibitions, and congresses worldwide have been canceled or rescheduled in 2020, as governments implemented lockdowns and closures to contain the spread of the virus. As a result, the net income of the trade fair, congress, and event organizer Fiera Milano Group decreased remarkably in 2020 over the previous year. After recording a net income of 34.2 million euros in 2019, the company reported a net loss of over 34 million euros in 2020. Founded in 1920, Fiera Milano Group is the Italian market leader in the organization of exhibitions, trade fairs, events, and congresses.