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 NINE-MONTH REVENUE: €550M

Solid continuing growth:
+10.2% in 3rd quarter

GROWTH MOMENTUM IN THIRD QUARTER: +10.2%

 

With an acceleration in the pace of growth of the first half, the Group had a record third quarter with revenue reaching €166.1 million, up 10.2% following a very strong performance in the same quarter of last year (+45.7%).

CONSOLIDATED REVENUE (€ millions)200920102011Change (%)
First quarter 188.5 190.9 224.2 +17.5%
Second quarter 112.1 165.9 159.6 -3.8%
Third quarter 103.5 150.7 166.1 +10.2%
TOTAL NINE MONTHS 404.1 507.5 550.0 +8.4%



In the period, the Group registered a noteworthy performance in the event industry through its proactive commercial approach. The Group benefited from its positions in expanding international markets with stronger growth trends and has well managed the period following the World Football Cup by contributing to a significant number of large-scale events.

 

 

REVENUE AND OPERATING HIGHLIGHTS BY BUSINESS LINE



Revenue (€ millions)9 months
2010
9 months
2011
Change
9 months
11/10
Consolidated revenue 507.5 550.0 +8.4%
GL events Live 291.1 266.8 -8.3%
GL events Exhibitions 78.0 134.2 +72.2%
GL events Venues 138.5 149.0 +7.6%



GL events Live had revenue of €266.8 million, down 8.3% on the prior year's first nine months that had included €43 million recognised by the Group from contracts for football competitions held in Africa.

Major events organised and equipped by the Group included the AFC Asian Cup in Qatar, the Lyon Contemporary Art Biennial, Test Events for the 2012 London Olympic Games, the World Rugby Cup in New Zealand and the Pacific Games in New Caledonia through contracts for the provision of event engineering services and installations.

The Group also showed positive momentum with a line-up of tennis tournaments in Marseille, Brussels, Metz (staged at Metz Expo), Saint Tropez, Monte Carlo and the soon-to-be-held Paris–Bercy Tennis BNP Paribas Masters.

GL events Live was very active as well in the segment of large corporate customers: 100th anniversary of Nivea, inauguration in Le Mans of MMArena and a highway for Eiffage, Lancôme Convention, Saut Hermès at the Grand Palais, etc.


GL events Exhibitions, had revenue of €134.2 million for the first nine months with an increase of 72.2%. This performance was bolstered by more positive trends for the organisation of trade fairs in France (with good performances by SIRHA and the Rendez-vous Bâtiment Energie Positive devoted to clean energy in the construction industry in Lyon, the Paris Première Vision textiles trade fair) and in international markets, good momentum for proprietary trade fairs like the biennial Rio de Janeiro International Book Fair and the Turin International Book Fair and the Group's capacity to produce multiple editions such as Première Vision's Brazilian edition, the Moroccan edition of the food industry CFIA packaging and technologies trade fair in Casablanca or the Doha Motor Show.


GL events Venues had revenue of €149 million, up 7.6% with the integration of Palais Brongniart and Hôtel Salomon de Rothschild. The Maison de la Mutualité will open its doors in January 2012 after being fully renovated.

 

 

OUTLOOK

 

In the fourth quarter, highlights for GL events Live will include contributions to the organisation of the 100th anniversary of the Gallimard publishing house, G20 meetings in Paris and Cannes, the Pharmacists' Forum or the Lyon Festival of Lights and the Geneva International Horse Show Jumping Competition, reinforcing the Group's long-term commitment and leadership for equestrian events also including organising, staging and equipping Equita Lyon at Eurexpo.

GL events exhibitions will also organise the trade fairs, Construir and the Footecon international football forum in Rio de Janeiro and the Bologna Motor Show, three important events that have already achieved good commercial performances.

The current order book provides the Group with a solid base to pursue balanced and profitable growth in 2011. GL events confirms in consequence its guidance for annual sales of more than €770 million along with growth in operating profit.

After contributing to key worldwide events in 2010 and 2011, the Group will focus on confirming its leadership position through team commitment, high-quality assets and a very strong brand name as it prepares for a major year ahead in 2012 for world class events and confirmed orders for 2013 and 2014.

 

 

Upcoming events:
2011 revenue: 31st January 2012 (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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