demic Moreover MCH had to drop some projects that no longer made business sense These decisions had one off financial impacts that were also reflected in the results for last year From May 2022 all activities were re sumed with virtually no restrictions ex cept for business with Asia For exam ple the MCH Group was thus able to stage Art Basel in both Basel and Miami Beach In addition Paris par Art Basel was held for the first time In Switzerland the company s home mar ket the trade fair business had a strong autumn with further normalisation of trade fair and conference business ac cording to MCH s management Furthermore the annual report in dicates a capital increase from last au tumn The two principal shareholders the canton of Basel Stadt and Lupa both participated in this The repay ment of a 100 million franc loan that had be come due went ahead according to MCH At the same time financial foundations were laid for the company s further development The MCH Group is very optimistic about the current year unless the tense geopolitical sit uation gets dramatically worse EBITDA is expected to further improve The net year end result for 2023 is nevertheless still ex pected to be a slightly negative one Annual net profits are expected again from 2024 MCH is confident of being able to master all impending challenges by focusing on growth expansion and customer satisfaction www mch group com PB 50 TradeFairs Internation al 1 2 2023 INTERNATIONAL SWITZERLAND On a rising trend For MCH the Swiss market leader last year was one of recovery 2023 and 2024 are expected to continue this upward trend T he first few months of 2022 were still strongly affected by the continuing im pact of Covid 19 The MCH Group esti mates that revenues fell by around 45 million Swiss francs as a result of the pan Putting in the hard yards Roman Imgrüth CEO of MCH Exhibitions Events on the structure of the portfolio and safeguarding the future Mr Imgrüth what is more important or ganising your own trade fairs or hiring out the halls to external organisers Both are equally important We want our leading domestic trade fairs in the B2B space to be platforms for the most important in dustries in Switzerland And through part nerships with international organisers we also want to welcome guest trade fairs and confer ences for our strongest export sectors in both Basel and Zurich pharmaceuticals chemicals biotech medtech manufacturing and finance for example What does your trade fair portfolio look like in Basel your biggest venue On the one hand we have our own trade fairs for the life sciences construction manufactur ing infrastructure hospitality and education On the other we have large consumer fairs guest trade fairs and international confer ences In addition Art Basel which we stage annually is the most important trade fair for modern and contemporary art How are you preparing for the future During the pandemic we did a lot of work on our internal structures organisation costs and capabilities innovation sustain ability sales and marketing And together with our customers and partners we have developed digital packages and worked on our pricing and the services we provide Die Swissbau findet wieder im Januar 2024 in der Messe Basel statt Swissbau will take place again in January 2024 at Messe Basel Ph ot o M C H G ro up

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