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 GL events press releases and financial news - 2011

2011 first-quarter sales:
€224.2 million (+17.4%)

GL events had quarterly revenue of €224.2 million, up 17.4% (+6.7% like-for-like*). In an event market gradually picking up, Group momentum remained sustained in the first quarter, following a performance in 2010 of record 25% growth.

Consolidated sales (€ millions)20102011

11/10 Change (%)

First quarter 190.9 224.2 +17.4%

 

Robust growth and a balanced mix


The Group pursued its development through a balanced mix of acquisitions and organic growth. GL events generated additional revenue of €14 million like-for-like or growth of 6.7%. The Group also benefited from the integration of Brelet and Slick in addition to its increasing stake in Première Vision that provided an overall contribution to revenue of €17 million in the first quarter.

In geographical terms, the Group benefited from solid international positions and its capacity to deploy its range of expertise across global markets. International operations continued to generate growth despite an unfavourable comparison base from the Africa Cup of Nations and the FIFA World CupTM 2010.

French operations added €32 million to achieve quarterly revenue of €147.6 million (+28%) on business volume from trade fairs including notably SIRHA (the International Hotel, Catering and Food Trade Exhibition), supplemented by contributions from acquisitions.

 

Performances by business division


Revenue by business division broke down as follows:

Consolidated sales (€ millions)2010201111/10 Change (%)
GL events Live 93.0 90.7 -2.5%
GL events Exhibitions 41.4 80.5 +94.6%
GL events Venues 56.5 53.0 -6.1%

 

GL events Live (Event Organisation and Services for Events) had revenue of €90.7 million, down slightly 2.5% from the same quarter in 2010 that had included €14 million recognised by the Group from contracts for football competitions held in Africa.
Major events organised and equipped by the Group included the Africa Cup of Nations in Qatar, the RBS 6 Nations rugby championship and the G20 Global Financial Summit and seminar.


GL events Exhibitions
(Trade Fair Organisation) also benefited from more positive trends for the organisation of trade fairs, good performances by SIRHA (a significant rise in the number of visitors, more than 10,000 chefs representing 136 countries, international development, growth in both French and international media coverage) and the Rendez-vous Bâtiment Energie Positive devoted to clean energy in the construction industry, both held in Lyon, and the Brazilian edition of the Première Vision fabrics fair.


GL events Venues (Venue Management) had revenue of €53 million with a decline as expected on seasonal effects.

Customers gradually are renewing their interest in convention centres and at 31 March orders for GL events Venues were at satisfactory levels for the coming quarters.

For this division as well, negotiations are in progress for major contracts that may also result in signatures in the coming weeks.

 

GL events confirms its leadership in the segment for major worldwide sports events


The Organising Committees of the 2011 Rugby Cup in New Zealand and the 2011 Pacific Games in New Caledonia both selected GL events to provide engineering services and installations for their events.

The Group will also be present at the Test Events 2011 held in preparation for the 2012 London Olympic Games.

After contributing to major worldwide events in 2010 (FIFA World CupTM, Commonwealth Games, World Expo), the Group has again confirmed its position as a partner of major global events, notably world-class sports events and major summits of Heads of State, based on the commitment of its teams, high-quality assets and a strong brand name.

 

Confirmation of 2011 targets


On the strength of positive quarterly commercial performances, the Group expects balanced and profitable growth to continue 2011 through a judicious mix of acquisitions and organic growth. On that basis, GL events confirms targets for annual revenue of €770 million that takes into account a marginal deceleration expected in the second quarter.

 

* Like-for-like: comparable Group structure and constant exchange rates



Upcoming events:
Annual General Meeting, 29 April 2011 – Lyon Convention Centre.
Half-year results, 28 July 2011 (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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