GL events
Welcome to the world of events.
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
GL events
GL events provides the installations for COP22 in Marrakech from 7 to 18 November 2016.
The largest temporary installation ever produced.
© Architecte OUALALOU+CHOI
GL events enters into a joint venture
with Yuexiu Group
to jointly develop a network of event sites in China. The first phase will consist in managing a 50,000 m2 convention centre in Gangzhou (Canton), targeted for opening in 2019.
© 效果图│ Renderings
GL events enters into a joint venture<BR>with Yuexiu Group
Euro 2016
Fan Zone in Lyon
A total surface area of 62,000m2 and 25,000 people a day; the Fan Zone in Lyon managed by GL events was the official home of football and fun during the event.
© Nicolas Rodet
Euro 2016<BR>Fan Zone in Lyon
São Paulo International Motor Show
São Paulo Expo stages the largest and most important auto show in Latin America.
© @studioLopes
São Paulo International Motor Show
Sport dans la Ville
GL events provided services to “Sport dans la Ville”, an association promoting social inclusion through sport, for the inauguration of its new premises.
© Gilles Fillot
Sport dans la Ville
Cannes Film Festival
For more than twenty years, GL events has been on the select guest list of the greatest film festival in the world, providing top-quality services for the event.
© Alexandra Fleurantin
Cannes Film Festival
Nuits de Fourvière
GL events has been a partner to this festival in Lyon for many years: sound systems, lighting, structures for the “Village des Nuits”.
© Francis Mainard
Nuits de Fourvière
Designed as an upmarket showroom in the heart of Paris, the show is the ideal place to get a preview of the pre-collections of fabrics and accessories, in a select private environment.
© Stéphane Kossmann
Nuits Sonores
GL events is the audiovisual services provider to this major electronic music festival!
© Laure Rousville
Nuits Sonores
Back to Press releases 2007

2006 results: strong sales and further gains in margins
Operating profit: +21.9%

Operating margin: 8.2%

Consolidated data IFRS -(€ millions)20062005Change
Net sales 495,7 434,2 +14,2%
Operating profit 40,5 33,2 +21,9%
Operating margin 8,2% 7,6%  
Net financial expense -4,2 -2,1  
Tax -10,7 -10,0  
Net income of fully consolidated companies 25,6 21,1 +21,0%
Minority interests -2,2 -1,1  
Net income 23,5 20,0 +17,4%

Strong sales, improved margins and strong cash flow

For fiscal 2006, GL events posted strong sales growth of 14.2% to €495.7 million. Robust sales by Venue and Event Management (up 34% to €199 million) and now accounting for 40% of consolidated sales led to further gains in Group margins.

Business highlights(€ millions)20062005Change
Venue and Event Management
Operating profit 24,1 17,6 +37,0%
Operating margin 12,1% 11,8%  
Operating profit 16,3 15,6 +4,8%
Operating margin 5,5% 5,5%  

Consolidated operating profit was €40.5 million while the operating margin increased to 8.2%. Net income totalled €23.5 million, advancing 17.4%.

Cash flows now exceed €50 million or 10% of sales. Operating cash flow rose sharply (up 63%) to €67.7 million. This improvement was largely fuelled by the growing contribution of Venue in Event Management. Benefiting from optimal management of capital expenditures, free cash flow in the period increased more than twofold to €42.1 million.

GL events have a solid balance sheet with shareholder's equity of €207m and a gearing of 22.5%. This represent a significant competitive advantage in the market segment of organizers of large events and for local and regional governments. This also ensures that the Group is able to take advantage of potential acquisition opportunities worldwide that may arise today in the event industry.


Outlook: Sales 2006 target of €600m, and confirmation of the 2008 objective

For 2007, the Group has announced ambitious targets:

- Sales of €600 million or growth of 20%. Positive developments in its different businesses that will contribute to these objectives have already been announced:

o Venue and Event Management: GL events' selection in a competitive bid to manage the Nice Exhibition and Convention Centre or the increase of its shareholding in Première Vision, the world's premier textile show, to 24.5%,

o Services: installations for the equestrian competitions for the 2007 Test Events and the 2008 Beijing Olympic Games or contracts signed with Eurovet, the Salon de l'Etudiant and the French Ministry of Foreign Affairs. These three contracts will represent approximately €25 million over several years. GL events also confirm its presence during the Rugby World Cup of 2007 with markets of temporary fittings.

Given the growth trends for the event industry, GL events maintains its targets for 2008 of sales of €700 million (50% out of France), including €350 million for Venue and Event Management.


Proposed increase in the dividend of 34%

The General Meeting to be held on 14 may 2007 at 4:00 p.m. at the Lyon Convention Centre will be asked to approve a dividend of 0.70€. This increase reflects the Group's good performances and the positive outlook for future growth.

Upcoming events:
Publication of 2007 first-quarter sales - 24 April (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 :

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


Erick Rostagnat - Managing Director Corporate Finances and Administration:
Tel : +33(0)4 72 31 54 20


Request for financial information

Annual report -
Registration document 2017

Company report

2007 press releases archives