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
COP22
GL events provides the installations for COP22 in Marrakech from 7 to 18 November 2016.
The largest temporary installation ever produced.
© Architecte OUALALOU+CHOI
COP22
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
Brazil Game Show
The biggest game show in Latin America chose Sao Paulo Expo to host this year’s event, attended by 300,000 fans!
© @studioLopes
Brazil Game 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
Blossom
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
Blossom
Nuits Sonores
GL events is the audiovisual services provider to this major electronic music festival!
© Laure Rousville
Nuits Sonores
Back to Press releases 2008

2008 first-quarter sales: €168.2 million
Annual growth guidance confirmed

Net sales (€ millions)200820072007
    (Excluding
disposals)*
(Published
sales)
First quarter 168,2 176,4 177,4


GL events had consolidated first-quarter sales of €168.2 million. Excluding disposals, this represents an adverse change of 4.6% when compared to a 2007 first quarter which had registered particularly strong growth of 40% on the previous year.
This reflects a reversal in the weight of seasonal contributions between the first and second half-years and is mainly the result of the impact of biennial trade fairs and recognition of revenue from major global events. H2 2008 will have stronger growth dynamics than H1 2008.
Revenue and earnings distribution will be aligned along the year, with earnings expected to benefit from a significant leverage in H2 2008.

Overall, GL events reiterates its guidance of like for like revenue growth between +5% and + 10% *

* Excluding acquisitions and disposals at the end of 2007

 

Venue and Event Management
€97 million - 57.8% of consolidated sales
+2.5% (-7.4 % on a like for like basis and constant exchange rates)

Venue Management had sales of €48 million, up 4.4% (stable on a like for like basis) with favourable levels of bookings for the remainder of the year 2008. The Nice Acropolis Convention and Exhibition Centre has started to reap the benefits of the commercial growth plan launched one year ago and is expected to achieve a good performance as soon as this year. It will also soon host the National Convention of French Solicitors organized by the GL events. Pre-sales order books at new venues currently being open let us anticipate successful launches for these venues.

Event Organization achieved same revenue levels as in H1 2007 at €49 million but was down 14.6% on a like for like basis. This decline is due however exclusively to the impact of the biennial organization of trade shows (Sirha and construction shows mainly). Trade shows organized in France and Europe in the first quarter achieved attendance figures and exhibitors' satisfaction rates in line with expectations.

This quarter was also marked by the addition of the Industrie Paris, Print'or, CFIA, Tradexpo and Foods & Goods trade fairs to the event portfolio.

 

Services
€71 million - 42.2% of consolidated sales
-14% (unchanged at constant structure and exchange rates)

Following the particularly strong Q1 2007 (+15%) , The Services division pursued its expansion and developed its presence in the market for trade shows, exhibitions and events (Maison et Objet trade show, Who's next, Six Nations Rugby Championship, Olympic Games).

 

Outlook:

GL events is pursuing a number of internal and external growth projects in France and in other markets in line with its strategic priorities:

- Developing a portfolio of venues under management both in France and at international destinations (exhibition centres, convention centres, stadiums and arenas, event venues),

- Organizing trade and consumer shows, exhibitions and sports, economic and cultural events,

- Providing services for trade shows and exhibitions while achieving synergies with venues managed by the group

In addition, GL events reiterates its goal to refocus on these strategic priorities to maximize return on capital employed and earnings per share.

 

Upcoming events:

Second-quarter sales: 22 July 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

Download

Request for financial information

Annual report -
Registration document 2015


Company report
2015


2008 press releases archives