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 2006

2006 first half sales: +14.5%
Pace of international expansion accelerates

New developments in Shanghai and Brazil

Net sales (€ millions)20062005Change
First quarter 126,4 100,6 +25,7%
Second quarter 125,5 119,5 +5,0 %
First half 251,9 220,1 +14,5%

GL events had sales of €251.9 million in the 2006 first half, up 14.5% over the first six months of 2005. Second quarter were buoyant with GL events' international expansion marked by three major successes including the addition of a new venue in Shanghai (Pudong exhibition centre) to the portfolio of venues under management. These successes were accompanied by 5% growth in sales.

 

VENUE AND EVENT MANAGEMENT: +35,7%
€112.1 million or 44.5% of total sales (versus 37.5% in the 2005 first half)
+35,7% (+3.7% at comparable structure and exchange rates)

Sales benefited from the addition of the Padua exhibition park and the event organization management companies, Performance and Kobé.
Noteworthy in the second quarter included the:
- Hosting of the ASME Turbo Expo and the 2006 World Congress on GI Cancer in Barcelona, the Industria, Securex and Chemexpo trade fairs in Budapest, and the Convention of French Mutual Insurance Companies in Lyon;
- And the organization of the 112th Congress of the French Society of Ophthalmology in Paris, the inauguration of the Caisse Epargne head office in Paris and the 29th French National Convention of Occupational Medicine and Health in Lyon.

 

GLOBAL SERVICES: SOLID SALES VOLUME IN THE FIRST HALF
€139.8 million or 55.5% of total sales (versus 62.5% in the 2005 first half)
+1.7% (+2.4% at comparable structure and exchange rates)

Global Services generated solid sales volume in the first half of €139.8 million. In addition to organic growth of 2.4%, this division enabled GL events to invoice additional services in part included under Venue and Event Management sales.
The division contributed to major events such as the Cannes film Festival, the 50th F1 Grand Prix of Barcelona (contract renewed until 2011), the Preview trade show in New York, the World Football Cup Football and Eurosatory in Paris.

 

2006 OUTLOOK

In the second half the Group will participate in many events including: the International Exhibition for Automotive Industry in Budapest, Biennale de la Danse, World Congress of Emulsions 2006, the Convention of the French Society of Internal Medicine (SNFMI) in Lyon, the Asian Games in Doha Qatar, etc.
In light of the growth of the first half and the quality of orders for the period, the Group maintains its guidance for 2006 sales growth of more than 12%.
In addition, the contribution of the Venue and Event management to Group sales is increasing as planned which should improve GL events' margins.

 

ACQUISITION OF FAGGA, A BRAZILIAN EVENT ORGANIZATION SPECIALIST

GL events is in the process of finalizing the acquisition of Fagga Eventos, a leading South America and event organization specialist (conventions, exhibitions, corporate events). Based in Rio de Janeiro, Sao Paulo and Salvador de Bahia, Fagga Eventos organizes major events Brazil, and in particular proprietary and co-proprietary trade shows, such as Expo Construçao (Building & Construction), Sustentavel (Sustainable Development), Expo Logitica (Transport & Logistics) or the highly prestigious International Book Fair that attracts more than 800,000 visitors.

In line with GL events' development strategy, this acquisition offers a perfect fit with the concession recently awarded for the Riocentro exhibition centre that is currently not an owner or organizer of events. With sales of €9 million (BRL 24 million) and a net margin of more than 13%, Fagga Eventos is a particularly well-run operation that through GL events will gain access to additional resources to pursue its growth. The two majority shareholders and managers of the company are committed, in partnership with GL events, to pursue together growth opportunities of the Group in this country.

 

PUDONG EXPO - SHANGHAI EXHIBITION AND CONVENTION CENTRE

GL events was selected by the city of Shanghai to manage and promote the exhibition and event venue located in the new Pudong district, the city's and country's financial centre. Launched in 2005, Pudong Expo has a total available exhibition and event space of 14.450 m², including 2 large halls of 5.000m². This contract should generate sales of approximately €12 million over the five-year concession period.

GL events' presence in Shanghai, one of the world's most financially dynamic cities, perfectly illustrates the Group's strategy of focussing on strong growth and highly attractive destinations.

 

ASIAN GAMES 2006 OF DOHA

GL events has just been awarded a contract for the installation of the Sponsors Village of the Asian Games, providing a showcase for the top athletes of the Asian continent to be held between the 1st and the 15th of December 2006 in Doha Qatar. This contract should generate minimum sales of $4 million.

 

With Fagga Eventos, Rio Centro, the Pan American Games, the ICC Cricket World Cup, the Asian Games of Doha and Shanghai, GL events again confirms the effectiveness of its teams and business model based on a comprehensive offering of integrated services covering the complete range of event industry needs.

 

Upcoming events:
2006 first-half earnings: 12 September 2006 (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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