One front door, full funnel
Five specialist brands — from reputation to code to immersive media — sold and delivered as one integrated offer.
15 capabilities · 1 accountable partnerInvestor Presentation · 2026
Communication,
re-engineered.
Gruppo EPR is Italy's integrated communication platform: reputation, public affairs, data, technology, brand experience, activation and immersive media — delivered by one accountable partner.
Listed on Euronext Growth Milan
Certified B Corp
30+ years of client trust
Reputation & PRPublic AffairsSustainability CommunicationDigital ProductsAI & Big DataBrand Experience DesignBelow-the-Line ActivationProjection Mapping3D & Augmented RealityPremium VideoEvents
Reputation & PRPublic AffairsSustainability CommunicationDigital ProductsAI & Big DataBrand Experience DesignBelow-the-Line ActivationProjection Mapping3D & Augmented RealityPremium VideoEvents
Investment highlights
Six reasons to take a closer look
A 30-year franchise, rebuilt since its 2022 listing into a multi-specialist platform built to consolidate a fragmented market.
A proven buy-and-build engine
Since listing, EPR has acquired majority stakes in Justbit and Cernuto Pizzigoni & Partners, added Centrale and launched K-Vision.
IPO 2022 → 5-brand groupExposure to the growth pockets
Positioned in the experiential, digital and data-driven segments that are outgrowing traditional advertising.
Experiential: +13.1% CAGR 2021–25A market built for consolidation
1,653 Italian communication firms, 92.8% of them under €10M in revenue. Scale and breadth are the scarce assets.
Only 25 players above €30MBlue-chip & institutional access
Long-standing relationships with multinationals, government bodies, trade associations and NGOs — high retention, multi-level influence.
200+ active clientsESG as a moat, not a slogan
B Corp, Benefit Corporation, ISO 9001/14001 and gender-equality certified — credentials that win procurement and talent.
Among Italy's first B Corp agenciesThe transformation
From agency to platform
- Offer
- PR & media relations15 capabilities, strategy to execution
- Structure
- A single agency5 specialist brands, one group P&L
- Client model
- Project-by-project mandatesIntegrated, multi-service relationships
- Engine
- Experience & intuitionData, AI and creativity combined
- Formats
- Press, print, eventsDigital, activation, 3D, AR, mapping
- Footprint
- RomeRome · Milan · Vicenza — expanding
5specialist brands
3operating hubs in Italy
15capabilities under one roof
“We didn't just add services. We rebuilt the operating model around what clients actually buy: outcomes across every touchpoint.”
Our journey
Three decades of trust. Four years of reinvention.
Tap any milestone.
The Group
Five specialists. One front door.
Each brand is a leader in its craft. Together they cover the full client journey — and cross-sell into each other's accounts.
Your brandone team · one plan · one invoice
360° offer
A full-funnel capability map
From large industrial and institutional groups to SMEs — with the flexibility and competitive pricing of a lean structure.
Our AI-powered operating system
Data in. Influence out. Accelerated by AI.
Data-Driven Communication is the Group's standard — and AI now speeds up and optimizes every step of the cycle, from raw data to finished creative, so clients get sharper results, faster.
Faster time-to-insight
Anticipate trends
Measure ROI
AI-optimized campaigns in real time
By the numbers
Boutique agility, group-scale delivery
€0MGroup total revenues, FY2025
0+Clients across corporate, institutional and non-profit sectors
0+Professionals across strategy, creative, tech and production
0+Years of leadership in Italian communication
0Specialist brands, one integrated offer
0Partners leading the Group's practices
FY2025 consolidated total revenues. Full financials on the next slide.
Financial highlights
Profitable growth, lighter balance sheet
2025 marked a step change: revenues up 39%, EBITDA more than doubled and margins well above the industry average. H1 2026 confirms the trajectory.
Total revenues · FY25€11.4M+38.9% YoY
EBITDA · FY25€1.42M12.4% margin · 2.3× FY24
Net income · FY25€0.29MBack to profit
Net debt · Jun-26€0.51M−75% vs Dec-25
Total revenues (€M)
| €M | 2022 PF | 2023 | 2024 | 2025 | H1 2026 |
|---|---|---|---|---|---|
| Total revenues | 8.09 | 9.25 | 8.22 | 11.42 | 6.61 |
| YoY growth | — | +14.4% | −11.2% | +38.9% | — |
| EBITDA | 1.07 | 1.00 | 0.62 | 1.42 | 0.65 |
| EBITDA margin | 13.2% | 10.8% | 7.5% | 12.4% | 9.8% |
| EBIT | 0.72 | 0.43 | (0.07) | 0.48 | 0.31 |
| Net income | 0.29 | 0.14 | (0.25) | 0.29 | 0.18 |
| Equity | 3.63 | 3.87 | 3.34 | 3.41 | 3.59 |
| Net debt / (cash) | (0.04) | 1.19 | 1.58 | 2.07 | 0.51 |
Consolidated figures; 2022 pro forma. H1 2026 covers the six months to 30 June 2026 and is not comparable with full years. Net debt = net financial position; figures in brackets are negative (net cash or loss).
Footprint
Where Italy decides, and where it creates
Headquartered in Rome — the seat of government and institutions — with hubs in Milan, Italy's business and creative capital, and Vicenza, in the heart of the industrial North-East.
Rome · Headquarters
Institutions, public affairs, corporate reputation
Milan & Vicenza · Hubs
Brands, industry, digital and creative production
Next · Southern Italy & international
A new hub in the South and an international outpost to extend reach
MilanHub
VicenzaHub
RomeHeadquarters
Southern ItalyOpening
InternationalPlanned
Market opportunity
A market that outgrows the economy
Italian communication spend has proven counter-cyclical, expanding well ahead of GDP — led by experiential formats.
Italian communication market, 2025
€16.7B
Experiential
+10.7%
Traditional adv.
+3.6%
Italian GDP
+0.7%
Source: UNA Media Hub on Nielsen data + UNA estimates.
Market size 2021–2024 (€B)
TraditionalExperiential
Experiential YoY growth shown between columns. Source: UNA – KT&Partners Report 2024. Perimeter differs from the 2025 UNA Media Hub figure.
Where growth is
Experiential is the growth engine
Sponsorships, events, branded content and influencer marketing reached €4.7B in 2025 — compounding at 13.1% a year since 2021.
This is exactly where Centrale, K-Vision and Cernuto Pizzigoni & Partners compete — on top of EPR's institutional and events heritage.
Share of experiential market, 2025CAGR 21–25
SponsorshipsSport, culture, causes
49.8%
+10.9%
EventsFastest-growing format
23.2%
+22.4%
Branded contentVideo, editorial, immersive
16.6%
+8.3%
Influencer marketingCreators & communities
10.5%
+16.1%
Source: UNA Media Hub on Nielsen data + UNA estimates.
Competitive landscape
Fragmented and sub-scale: built for consolidation
Of 1,653 Italian communication companies, only 25 exceed €30M in revenue. Scale, breadth and margins are scarce — that is the opportunity.
Italian communication companies by revenue band, 2023
Companies by EBITDA margin, 2023
8.7%Average EBITDA margin
6.9%Median EBITDA margin
Most players earn under 15%. Integrated, higher value-added services are how the leaders break away.
Source: UNA – KT&Partners Report 2024 (2023 data).
Clients & reach
Trusted where reputation matters most
A diversified portfolio of Italian and international multinationals, government bodies, SMEs, federations and associations — built on direct, senior-level relationships that last.
Central & local institutions
Media & newsrooms
Business & consumer communities
Opinion leaders & academia
Energy & utilitiesTelecom & techFood & beverageInsuranceIndustryPublic sectorAcademia
Sustainability
Purpose as a competitive moat
Recognized leadership in sustainability communication and deep relationships across the green economy — backed by the certifications that public and corporate buyers increasingly require.
B
Certified B Corp & Benefit CorporationAmong the first — and largest — Italian communication companies to earn B Corp status. Common benefit is written into our bylaws.
Ownership & governance
Founder-led, market-accountable
Listed on Euronext Growth Milan since 2022, with an independent director on the board and BDO as auditor.
2.80Mshares outstanding
Inside Eprcomunicazione Holding S.r.l.
Reputatio S.r.l.s. (C. Ricci)
51.00%
Mapi S.r.l. (A. Iaquinta)
20.10%
F. Iacopini
10.00%
A. Garberoglio
7.88%
F. Ferrante
7.88%
D. Albanese
3.34%
Board of Directors
PG
Paola GarifiChair
AI
Aldo IaquintaVice Chair
DA
Daniele AlbaneseChief Executive Officer
CR
Camillo RicciFounder & Director
MI
Mauro IsidoriChief Financial Officer
GL
Gianni LettaIndependent Director
FF
Francesco FerranteDirector
Andrea De NigrisChair, Board of Statutory Auditors
BDOIndependent auditor
New growth engines
AI & Cybersecurity: already on the front line
The Group is investing in two of the fastest-growing technology trends — and is already delivering in both, with senior leadership and a first flagship program.
Hired
Artificial Intelligence
A Chief Artificial Intelligence Officer on board
The Group has appointed a Chief AI Officer with many years of experience at large corporates such as NTT DATA and Reply, dedicated to AI adoption programs.
- Leads the new AI unit
- Brings enterprise-grade AI adoption know-how to clients
- Powers the Group's Data-Driven Communication model
Launched
Cybersecurity & digital forensics
A flagship program in defense & aerospace
Launch of a technologically advanced project with a national defense and aerospace player, within a multi-million-euro program funded by the Lazio Region for forensic activities in the military and aerospace domains.
€M+Multi-million program
LazioRegional funding
Mil & AeroForensic activities
Data-driven communicationAI adoptionCybersecurity & forensics
From communication partner to critical-technology partner
Growth strategy
Four levers for the next chapter
The platform is built. Now we scale it — organically, through M&A, and into new geographies and formats.
Cross-sell the platform
Turn single-service clients into integrated, multi-brand relationships.
- Shared account leadership
- Bundled retainers
Keep consolidating
Add specialist capabilities and talent in a market of 1,600+ sub-scale players.
- Majority-stake model
- Founders stay invested
Expand the footprint
Open a hub in Southern Italy and an international outpost to follow clients abroad.
- New South Italy office
- International presence
Lead in AI & Cybersecurity
Turn early investments into two new high-growth, higher-margin units — already in the field.
- Chief AI Officer on board (ex NTT DATA, Reply)
- Defense & aerospace forensics program launched
One partner.
Every touchpoint.
We'd welcome the opportunity to walk you through our strategy, pipeline and financials in more detail.
This presentation has been prepared by Eprcomunicazione S.p.A. for information purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any securities in any jurisdiction, including the United States. It may contain forward-looking statements, which are based on current expectations and are subject to risks and uncertainties; actual results may differ materially. Market data are sourced from third parties as indicated and have not been independently verified.