MCH Group | Ad hoc announcement pursuant to Art. 53 LR | Half-year closing 2023 - Seite 2

Outlook for the second half of the year

In the wake of the encouraging net result for the first half of the year, the aim is to secure the business and be able to exploit the growth potential. The second half of the year will see the second edition of Paris+ par Art Basel in October and Art Basel Miami Beach in December. In Basel, the programme includes Ilmac (platform for chemistry, pharmaceuticals and biotechnology), IGEHO (international industry platform for the hotel, catering, take-away and care sectors) and the Basel Wine and Fine Food Festival. In Zurich, the Career Fair, the Digital Festival and HackZurich, Bauen & Modernisieren, Auto Zürich, and the Zürich Pop Con are planned, and in Lausanne the Salon des Métiers et de la Formation. The Experience Marketing division is seeing a further increase in demand, both for orders in the second half of 2023 and already towards 2024.

Due to the seasonal nature of the business, the second half of the year, with its almost inactive summer months and December, is usually less strong in terms of sales than the first. According to the current estimates and as announced previously, MCH Group expects an improvement in operating results for the full year 2023 compared to 2022, but again a consolidated net loss for the Group in the single-digit million range.

 

Links:

• Half-year Report 2023

• Ad hoc announcements

• News
  
  
  

Contact:
MCH Group Ltd.
Corporate Communications
Emanuel Kuhn
[phone]
[e-mail]
www.mch-group.com

 

About MCH Group
MCH Group, with its head office in Basel, Switzerland, is an internationally active experience marketing company with a comprehensive service network. It organises around 30 community platforms in Switzerland and abroad, including Art Basel, Swissbau, and Giardina. The Live Marketing Solutions division, with the brands MCH Global, MC2 and Expomobilia, offers comprehensive experiential marketing solutions ranging from strategy and creation to implementation. MCH Group also operates the Messe and Congress Center Basel and Messe Zurich. The company employs over 800 people, around half of whom are based in Switzerland and the USA. In 2022, the group achieved consolidated sales of CHF 394 million.