GL events
Welcome to the world of events!
As a leading global player in the events sector, GL events operates in the three main events markets: congresses and conventions, sporting, cultural and political events, and trade shows and consumer fairs.
© Odile Decq architect / Felice Varini – Nicolas Rodet
GL events
Commonwealth Games Gold Coast 2018
GL events, official supplier of temporary grandstand seating for the Gold Coast 2018 Commonwealth Games in Australia. A total of 60,000 temporary seats were installed in thirteen venues.
Commonwealth Games   Gold Coast 2018
Matmut Stadium Inauguration
The project to renovate and modernise the Matmut Stadium in Gerland, launched by Olivier Ginon, the Chairman of GL events, highlights the Group's expertise in terms of engineering, architecture and asset management. The stadium is now home to the LOU Rugby team.
© Nicolas Rodet
Matmut Stadium Inauguration
Geek and Games at the Riocentro
Brazil’s largest event devoted to pop culture and video games is organised and hosted by GL events at the Riocentro, in Rio de Janeiro.
© Light Press 2017
Geek and Games at the Riocentro
Cannes Film Festival
For more than 20 years, GL events has been providing top-of-the-range, tailor-made services for one of the world's most prestigious film festivals.
© Alexandra Fleurantin
Cannes Film Festival
Equita Lyon
The Lyon Equestrian Show, organised and hosted by GL events at Eurexpo, is the largest indoor equestrian event in France.
© Gilles Galoyer
Equita Lyon
"Nuits Sonores" Music Festival
GL events provides the audiovisual services for this major electronic music festival!
© Laure Rousville
"Nuits Sonores" Music Festival
Sirha Green
The first trade fair devoted to ecological food-services. Organised and hosted by GL events, the event brings together the sector’s professionals to address the issues of social and environmental responsibility.
© Diph Photography
Sirha Green
Première Vision Paris
Organised and hosted by GL events, the reference event for the fashion world was held at the Maison de la Mutualité in Paris. It owes its success to its avant-garde selection, bringing together many new products, services and innovations.
© Alexandra Fleurantin
Première Vision Paris
Light Festival Lyon
GL events Audiovisual, an official partner and service provider to the Lyon Light Festival, draws on its expertise and talent for several artistic projects in various venues during this international event.
© Thierry Perre / Partners’ Club of the ‘Fête des Lumières’ / Lyon Light Festival 2017
Light Festival Lyon
Back to Press releases 2004

2003 sales in line with forecasts: +12.6%
Venue and Event Management registers strong growth: + 87%

Sales (in millions of euros)20032002Change
First-quarter 81.0 75.9 + 6.7 %
Second-quarter 98.4 64.8 + 51.8
Third-quarter 71.2 69.4 + 2.5 %
Fourth-quarter 89.2 91.8 - 2.8 %
Total sales 339.8 301.9 +12.6 %

Sustained organic growth in 2003: + 8.3 %

- Despite a persistently difficult economic environment, GL events demonstrated its ability to achieve sustainable growth in a market where its position as a global provider offers important competitive advantages.
- Organic growth 2003: +8.3%
- Consolidation effect: +5.2% (primarily from the acquisition of Europa Organisation (Cofrata)
- Currency effect: -0.9 % (GBP effect - billings in USD non significant)

 

Global services for trade shows, exhibitions and events
+2.5% (+4.1% at constant structure and exchange rates)
€187.5 million in 2003 or 55.2% of total sales

- With organic growth of 4.1%, the group registered an excellent performance in 2003 in a market now considered to have reached maturity.
- The marginal decline in 2003 fourth-quarter sales reflects an unfavorable basis effect following the exceptional contribution of the Manchester Skill Festival (€4.2 million) in the 2002 fourth-quarter.

 

Venue and Event Management
+87.4% (+38.1% at constant structure - no currency effect)

€59.6 million in 2003 or 17.5% of total sales

- The Toulouse Convention Center saw a surge in activity (+45%), hosting 252 events compared with 230 in 2002.
- The integration of Europa Organisation within the event engineering division has proceeded in a very satisfactory manner, already resulting in promising prospects for the 2004 first-half.
- Following the repositioning initiated by the city of Paris, in its first year of operations, the Floral Park's performance in 2003 exceeded forecasts. This trend is expected to continue in 2004 which will be marked by qualitative and quantitative improvements in programming.
- The exhibition hall of the Grande Halle d'Auvergne opened on schedule on 31 December 2003 and 1 January 2004, marking the departure of the Dakar rally and the Zénith concert hall of Clermont Ferrand opened its doors on 4 December 2003. Built by the Auvergne Regional Council and managed by GL events, these two sites of excellent quality hosted 17 concerts and welcomed more than 70.000 guests in December 2003.

The strong growth of Venue and Event Management once again confirmed the pertinence of GL's strategic focus. The quality of its portfolio of national and international clients associated with premium venues assure high growth potential for this business.

 

Fittings systems and services
+6.1% (constant structure - no currency effect change)
€92.7 million in 2003 or 27.3% of total sales

- The manufacture and long-term leasing of aluminum structures and the sale of aluminum sections for exhibitions and events grew at a satisfactory rate.
- After growing in 2003, the less strategic business of fittings will see a drop in activity in 2004 which will be largely offset by the performances of the other group businesses.

 

Outlook for 2004

Year 2004 will be marked by major events of the Olympic Games of Athens and the Barcelona Universal Forum of Cultures. GL events' role as a partner of Formula 1 is confirmed with the new contract to provide services for the Spa circuit (Belgium).

In 2004, business volume from large international events should exceed levels recorded in 2003.

Venue and Event Management will benefit from the full-year contribution of Europa Organisation which recently won a call for tenders for the organization of the founding Congress of the World Organisation "United Cities and local Governments" to be held in Paris in May.

The two venues of Clermont Ferrand and the Floral Park of Paris are also expected to pursue their positive growth trends.

On the 29 January 2004, GL events was awarded by the city of Saint-Priest the renewal of the management delegation for its Château. Operated up until now on a cost-reimbursement basis, the site will henceforth be managed under a concession for a period of six years.
Olivier Ginon, Chairman, declared: "We are pleased with this renewal which shows that GL events has successfully performed its mission, the satisfaction and the confidence of our partners being critical to our strategy".

The Group also confirmed its goal of adding to its portfolio two new venues per year.

 

Next publication date: 2003 earnings and forecasted 2004 sales: 16 March 2004 (after the close of trading)

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 : infos.finance@gl-events.com


Code ISIN : FR0000066672
Code Bloomberg : GLO FP
Code Reuter : GLTN.PA
Code FTSE : 581
Code LEI : 9695002PXZMQNBPY2P44

Contacts

Erick Rostagnat - Managing Director Corporate Finances and Administration:
info.finance@gl-events.com
Tel : +33(0)4 72 31 54 20

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