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 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
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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