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 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
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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2017


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