Maximizing Shareholder Value
GES IS A STRONG CASH FLOW GENERATOR
KEY GROWTH DRIVERS
■ Substantial benefit in 2024 from major non-annual
☐
shows (~$65M of incremental revenue vs. 2023)
■ Continued focus on efficiency with lean productivity
initiatives
☐
Exhibitions' pricing strength and continued recovery of
show sizes
Spiro winning new clients and cultivating existing clients
Strong demand for experiential marketing and
exhibition management services
Low capex requirements (about 2% of GES revenue)
ADJUSTED EBITDA - CAPEX ($M)
~65-75
55
45
2019
2023
2024 Est.
REVENUE
($M)
1,080
888
Up
low-double
digits vs. 2023
TRANSFORM
GES
Be the world's leading provider of exhibition
management services and experiential marketing
Free Cash Flow conversion calculated as (Adjusted Segment EBITDA less Segment Capital Expenditures) / Adjusted Segment EBITDA.
23
23
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