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 2009

2009 first-quarter sales: €188.5 million

Net sales (€ millions)20092008Change
First quarter 188.5 168.2 +12%

GL events had consolidated first-quarter sales of €188.5 million, up 12%. Like-for-like(1), first quarter sales grew 6.4% in a recessionary environment on a good performances by the two business lines. Venue management and events grew 10.3% like-for-like, increasing its contribution to total consolidated revenue to 62.7%.

 


Venue management and events: €118.1million (+21.4%, + 10.3% like-for-like)

Event organisation had revenue of €72.4 million, up 47.2% (21% like-for-like). The SIRHA (International Hotel, Catering and Food Trade Exhibition) was a major success, establishing its position as the leading food industry trade fair in terms of numbers of visitors. In addition, the Group has also continued to make advances as an organiser of prestigious corporate events.

Event venue management had sales of €45.7 million, declining 5% (3.3% like-for-like). Sites managed and marketed by the Group were successful in maintaining their positions as highly attractive venues though nevertheless experienced a few cancellations for midsized corporate events .

The Group reaped the first concrete benefits of its presence in Istanbul where it was awarded the management of a venue for corporate and cultural events. Located on the European shores of the Bosporus, the addition of this 31st venue managed by the Group fits perfectly with its strategy of developing an international portfolio of "premium destinations".

In the second quarter, Venue Management and Events will:
- host conventions including the cardiology convention in Barcelona, the Salon des Entrepreneurs in Lyon, the EFFTEX trade fair for sports and recreational fishing in Budapest;
- organise the Tradexpo volume goods trade show in Le Bourget, Expo Logistica in Sao Paulo and the Environord environmental management trade fair in Lille;
- host and organise Noivas&Festas marriage trade fair in Rio de Janeiro, the Turin Book Fair or the Padua Fair.

 


Services : €70.4 million (-0.8% like-for like)

Event Services performed well in the first quarter with revenue of €70.4 million, declining marginally though stable like-for-like, despite the challenging economic environment.

In the second half, GL events will contribute to the Formula 1 FIA Grand Prix of Barcelona and Monaco, Cannes Films Festival, the Le Bourget International Paris Air Show, Djazagro agrofood industry trade fair of Algiers or the Nuits Sonores and Nuits de Fourvière festivals in Lyon.

The Group has also been appointed as a service provider for the Confederations Cup to be held in June 2009 in South Africa as a rehearsal in advance of the World Cup 2010. Revenues from this event will represent approximately €10 million through a joint-venture with a local partner.

 


Outlook

The performances and achievements of the first-quarter in a challenging market environment confirm the pertinence of the Group's strategy of integration, international expansion and the duplication of proprietary events.

In a difficult worldwide economic context accompanied by limited visibility, these achievements will offset potential declines in activity at certain sites or from Services that may be occur between now and 2009 year-end.

 


Upcoming events:
General Meeting, 24 April 2009 9:30 a.m. - Cité Internationale de Lyon
First-half sales, 21 July 2009 (after the close of trading)


(1) Organic growth (comparable structure and exchange rates)

 

 

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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