As an integrated Group operating in all event professions, GL events works in three major segments:
event organisation, event venue management and services for fairs, congresses and events.
© Odile Decq architect / Felice Varini – Altitude 150
- 45 % progress in the net consolidated group profit
- A strong growth dynamic
- A year ahead of announced forecasts
Evoluition of the income before exceptional
items and income taxes in million French
Générale Location reports excellent profits.
Net sales in sharp rise up to 962 million French Francs (147 million Euros), a 12.8 % increase validates Générale Location in its development strategy.
The net consolidated group profit comes to 32.2 million French Francs (4.9 million Euros), a 45 % growth compared to last year 's results.
These achievements were reached a year ahead of analysts' forecasts at the time of the company's listing in Paris Bourse.
Evolution of the net consolidated group profit
in million French Francs
Générale Location prepares the future
Through the acquisition of PROCAP and FTB, Générale Location took a leading position in France regarding access control and data processing for show organizers; Furthermore, Générale Location took a 51 % share in SECIL, the managing company of three Congress Halls in Lyon, Clermont-Ferrand and Saint-Etienne.
Finally, 1999 saw the creation of the catalogue.
Evolution of the cash flow
A reinforced presence on the international scene.
Keeping up with its expansion policy, Générale Location opened offices in Portugal as well as in Malaysia. Thanks to a 60 % increase in international net sales, Générale Location consolidates its position as a major player for all the main international events. Générale Location participated during the French Exhibition of Abidjan and during the Handover Ceremony of Macau to China.
Its presence during the Olympic Games in Sydney in 2000 will greatly contribute to the development of its activity at major international events.
The payment of an exceptional dividend
The Board of Directors who met on the 29th of February 2000 decided to propose at the Annual General Meeting of next May 18th, the payment of an exceptional dividend of 1 Euro, twice the amount paid last year.
Perspectives full of promises
The sale of the shares of Paris expo opens the scope of possibilities. It allows Générale Location to start the year 2000 with a reduction of its debt down to zero, at a time when there are many opportunities of expansion in Europe and over the world.
Générale Location will develop both internally and externally, making it possible to register in 2000 an annual growth above 20 %.
Générale Location innovates and distributes the catalogue
- 500 pages
- 3500 references
One number to call: 0 825 836 835
GL events, bringing people together
Managing Director Corporate Finances and Administration : Erick ROSTAGNAT
Telephone : + 33 4 72 31 54 20
Fax : + 33 4 26 20 42 00
Email : email@example.com
Code ISIN : FR0000066672
Code Bloomberg : GLO FP
Code Reuter : GLTN.PA
Code FTSE : 581