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
COP22
GL events provides the installations for COP22 in Marrakech from 7 to 18 November 2016.
The largest temporary installation ever produced.
© Architecte OUALALOU+CHOI
COP22
GL events enters into a joint venture
with Yuexiu Group
to jointly develop a network of event sites in China. The first phase will consist in managing a 50,000 m2 convention centre in Gangzhou (Canton), targeted for opening in 2019.
© 效果图│ Renderings
GL events enters into a joint venture<BR>with Yuexiu Group
Euro 2016
Fan Zone in Lyon
A total surface area of 62,000m2 and 25,000 people a day; the Fan Zone in Lyon managed by GL events was the official home of football and fun during the event.
© Nicolas Rodet
Euro 2016<BR>Fan Zone in Lyon
São Paulo International Motor Show
São Paulo Expo stages the largest and most important auto show in Latin America.
© @studioLopes
São Paulo International Motor Show
Sport dans la Ville
GL events provided services to “Sport dans la Ville”, an association promoting social inclusion through sport, for the inauguration of its new premises.
© Gilles Fillot
Sport dans la Ville
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 de Fourvière
GL events has been a partner to this festival in Lyon for many years: sound systems, lighting, structures for the “Village des Nuits”.
© Francis Mainard
Nuits de Fourvière
Blossom
Designed as an upmarket showroom in the heart of Paris, the show is the ideal place to get a preview of the pre-collections of fabrics and accessories, in a select private environment.
© Stéphane Kossmann
Blossom
Nuits Sonores
GL events is the audiovisual services provider to this major electronic music festival!
© Laure Rousville
Nuits Sonores
Back to Press releases 2017

2016 revenue: €953 million, Up 2.4% like-for-like

Consolidated
revenue
(€m)
2015 2016 Change Change
(LFL*)
 Q1  250.2  236.1  -5.6%  -6.2%
 Q2  216.7  253.8  +17.1%  +18.3%
 Q3  204.9  207.6  +1.3%  +1.5%
 Q4  270.6  255.5  -5.6%  -1.7%
 Total FY
 942.4  953.0  +1.1%  +2.4%

*LFL = Like-for-like defined as at constant structure and exchange rates,
2015 adjusted for acquisitions and disposals and recalculated using the 2016 exchange rate.

 

GL events met its growth target for like-for-like annual sales despite unfavourable global economic conditions for the event industry, particularly in France that continues to account for half the Group's revenue. The disposal of unprofitable business units had an impact of €24 million on Group revenue though will positively impact profitability in 2017.

GL events demonstrated continuing successes with the organisation of international mega events like the Olympic Games of Rio de Janeiro, the Euro football championship in France and its participation at COP22 in Marrakesh.

 

 

By business division: growth for Live and Venues, a very high 2015 base effect for Exhibitions



Revenue by strategic business unit (€m)

2015

2016

Change
Live  486.4  500.5  +2.9%
Exhibitions  166.4  145  -12.9%
Venues  289.6  307.6  +6.2%
Total Group  942,4  953.0  +1.1%

 

GL events Live: with €500.5 million in revenue, 2016 was highlighted by both major events but also a high level of recurrence for services delivered in the universe of trade shows and fairs/exhibitions and local, regional and national events.

GL events Exhibitions had revenue of €145 million.  This business operates according to a biennial cycle with 2016, as an off-year, up 1% from 2014 (€143 million). The main exhibitions registered excellent performances in Europe with a positive trend for future years in terms of number of visitors.

GL events Venues contributed €307.6 million to Group revenue, up 6.2%, with organic growth of 10.7%. With the opening of Sao Paulo Expo, revenue reached a record level in the last quarter of 2016 of €95 million.

 

 

By major region: 

France accounted for 51% of Group revenue in 2016.

In Europe (excluding France), in light of business disposals (Padoua in 2016 and Traiteur Loriers in 2015), revenue remained largely stable. It returned to its level of recurrent business in Asia, grew 6% in Turkey and Africa once again rose to 7% of consolidated sales with Cop22.

Brazil was naturally bolstered by the Olympic Games in 2016 but also by the development of Sao Paulo Expo which demonstrated the relevance of the Group's major investments in this economic capital.

 

 

Outlook for 2017 and beyond

While remaining on track with its profitability and debt reduction plan, GL events’ strategic investments will be focused on rebalancing its geographic coverage.

It was in this context that the joint venture was formed with the Yuexiu Group to manage the future convention centre of Guangzhou (Canton) financed by its partner in conjunction with strengthening the offering for form and content matching public decision-makers' expectations for the deployment of their regional development strategy.

Tourism and business tourism in particular are important economic development drivers for a number of cities, regions and countries seeking to promote their know-how on an international scale and foster their continuing growth.

Based on the calendar of events and trade shows, the Group maintains its target for revenue growth in 2017.

 

 

Upcoming events:
2016 annual results: 7 March 2017 (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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Annual report -
Registration document 2016


Company report
2016


2017 press releases archives