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 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
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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2011 press releases archives