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
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 Sonores
The 2016 Nuits Sonores are equipped by GL events Audiovisual.
© Laure Rousville
Nuits Sonores
Sao Paulo Expo inauguration
The inauguration of the expanded and renovated Sao Paulo Expo on 26 April was attended by more than 500 economic decision-makers.
© Rodrigo Lopes/studiolopes.com
Sao Paulo Expo inauguration
COP 21
The aim of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP21) was to negotiate a new universal agreement on climate change, in order to maintain global warming below 2°C. GL events supplied and assembled structures for this key event, and also provided audiovisual services, fixtures and fittings for the event spaces.
© Philippe Cler
COP 21
African Games
The Live! by GL events agency was in charge of organising the spectacular closing ceremony for the African Games.
© Myli Bourigault et Pierre Le Tulzo / Live! by GL events
African Games
Video City Paris
Organised by the producers of the Golden Moustache (M6 TV channel), the Studio Bagel (Canal+ TV channel) and Mixicom, in collaboration with Live! by GL events, Vidéo City brought together around a hundred of the most popular YouTube video creators. A genuine success!
© Philippe Cler
Video City Paris
Maison de la Mutualité
The Maison de la Mutualité was the former headquarters of the French mutual insurance federation . The venue has been managed by GL events since 2010. The Group has renovated the building to return it to its former glory. Today, the venue hosts all types of events, from business meetings and exhibitions to fashion parades.
Maison de la Mutualité
Equita
This is an event that horse-riding fans look forward to every year. Organised by GL events, Equita is the largest equestrian show in France. Each year, around 3,500 horses take part in the event which attracts over 150,000 visitors.
© PSV – Jean Morel
Equita
IMF and the World Bank
The Boards of Governors of the IMF and the World Bank met in Lima (Peru) this year to establish the main priorities and focuses for the two institutions. The production of this large-scale event was entrusted to a consortium made up of GL events and the event agency Stimulus.
© Joao Socola
IMF and the World Bank
Absolute
Spacious, elegant and with impeccable finishing, Absolute Triple Deck is an exceptional structure that combines robustness and aesthetics. Providing more than 25% additional interior surface area, this new events structure takes standards in excellence to a whole new level.
© Detail Ltd
Absolute
Back to Press releases 2008

2007 net sales: €633.5 million (+27.8%)
Organic growth: 16.2% , Sales from international operations: +58.3%

Net sales (€ millions) 20072006Change
First quarter 177,4 126,4 + 40,4%
Second quarter 156,5 125,5 + 24,7%
Third quarter 115,1 89,5 + 28,6%
Fourth quarter 184,5 154,3 + 19,5%
Consolidated annual sales 633,5 495,7 + 27,8%


In the 2007 fourth quarter, GL events had consolidated net sales of €184.5 million, up 19.5% over the equivalent prior-year period.

Following this solid fourth quarter performance, GL events had full-year sales of €633.5 million, up 27.8% from 2006 (16.2% at comparable structure and exchange rates). After growing 58.3%, international operations now account for 41% of total Group revenue.

 

VENUE AND EVENT MANAGEMENT: ORGANIC GROWTH OF 58% IN 2007
€314.9 million or 49.7% of 2007 sales, up 58%
(+22.3% at comparable structure and exchange rates)

In the fourth quarter, this division had sales of €96.5 million, a 60.7% increase.

For the full year, Venue Management posted sales of €164.7 million (+55.5%), significantly accelerating its expansion in France with the addition of:
- The Nice Exhibition Park and convention centre (10-year concession);
- The Scarabée hall of Roanne (a multipurpose venue with a capacity of 5,500 places);
- The Metz Exhibition Park (30-year concession);
- And the Hôtel Salomon de Rothschild in Paris (hosting events for up to 1,300 people).
In international markets the Group was awarded a number of concessions for:
- The management of the Brussels Convention Centre, (27-years);
- The Rio de Janeiro Arena (a multipurpose facility with a capacity for 15,000);
- The Curitiba Convention Centre in Brazil (capacity for 5,000);
- And acquired the Turin Exhibition Park, Lingotto Fiere, (total exhibition space of 74.000m²).

Today the Group owns or manages 25 convention centres, exhibition parks or multipurpose facilities with total exhibition space of more than one million m² worldwide. This portfolio provides high visibility for growth and recurring sales.

In 2007, Event Organization contributed sales of €150.2 million (+60.8%) and was strengthened:
- In France by the acquisition of Agor, an organizer of B-to-B trade fairs such as Tradexpo (a distribution sector trade show with 3 editions per year), Print'Or and Orhopa (watch and jewellery trade fairs), the CFIA (food industry supplier trade show held in Rennes) and Food & Goods (grouping five specialized food exhibitions);
- In Italy, a strategic market in Europe, the acquisition of Promotor International (organizer of 10 trade fairs including notably the MotorShow in Bologna),
- In Brazil, a market with high growth, the acquisition of Fagga Eventos. Following these additions, GL events today has a portfolio of more than 200 proprietary events and trade fairs for the general public.

 

EVENT SERVICES : ORGANIC GROWTH OF 10.7%
€318.6 million or 50.3% of total 2007 sales, up 7.5%
(+10.7% at comparable structure and exchange rates)

Positioned as a partner for all types of events, the Services division contributed to a large number of local, national (by developing synergies with the Venue Management and event organization activities) and worldwide events (Rugby World Cup, World Cricket Cup, Pan American Games). GL events' unique market position combines the benefits of recurrent business from local events with the high visibility offered by very large contracts.

 

OUTLOOK

In line with its business model and growth priorities, GL events must continue to take advantage of opportunities offered by calls for tender and/or privatization bids to develop its network of venues.

With a solid and healthy financial position, the Group expects concrete advances in the months ahead in development projects in the Organization sector.

The coming year should also provide the Group with an opportunity to accelerate its strategy of duplicating proprietary events in its network of venues under management both in France and in international markets.

 

Upcoming events:

Publication of audited 2007 consolidated financial statements, Tuesday 11 March 2008 (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

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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