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 2018

2017: €953.8 MILLION IN REVENUE, Q4 UP 3.6%, A VERY STRONG BUSINESS PERFORMANCE, 2018: REVENUE > €1 BILLION

 

GL EVENTS (ISIN: FR0000066672 - TICKER: GLO), THE INTEGRATED EVENT INDUSTRY GROUP, REPORTS ITS CONSOLIDATED ANNUAL REVENUE FOR THE PERIOD ENDING 31 DECEMBER 2017.

GL events had consolidated annual revenue of €953.8 million in 2017, remaining steady in relation to 2016 (-1.9% like-for-like*) though without jumbo events (€130 million in business in 2016 for the Rio Olympic Games, the Euro 2016 and COP 22) and with an adverse currency effect of €12 million.

Olivier Ginon, GL events' Chairman commented:
"I am delighted by the very good business performances achieved by all teams throughout 2017. Group revenue remained in line with the previous year despite the negative base effect linked to the absence of large events.
2018 represents a landmark year for the Group, marking its 40th anniversary and 20 years as a publicly traded company. This double anniversary coincides with an excellent business outlook highlighted by a more extensive calendar than in 2017 and already €35 million in new contracts for international events."

 

REVENUE (M€)

2017 REPORTED BASIS

2016 REPORTED BASIS
CHANGE 17/16
 Q1  283.2  236.2  +19.9%
 Q2  212.9  253.8  -16.1%
 Q3  193.0  207.6  -7.0%
 Q4  264.8  255.5  +3.6%
CONSOLIDATED TOTAL
 953.8  953.0  0.1%

*: Like-for-like defined as at constant structure and exchange rates (2017 exchange rates applied to 2016 revenue)

 

 

Sales by division



REVENUE (M€)

2017 REPORTED BASIS

2016 REPORTED BASIS
CHANGE 17/16
GL EVENTS LIVE 471.9 500.5 -5.7%
GL EVENTS EXHIBITIONS 165.2 144.9 +14.0%
GL EVENTS VENUES 316.7 307.6 +3.0%
CONSOLIDATED TOTAL
953.8 953.0 0.1%



GL EVENTS LIVE had revenue of €471.9 million, down 5.7% (-10.2% like-for-like). Despite adverse base and currency effects, this division continued to display strong business momentum reflecting the Group's presence at numerous events.

In the 2017 fourth quarter, GL events Live delivered world-class services for events including the Sommet de L’Élevage, Europe's leading livestock show in Clermont Ferrand, MIPCOM, the world’s entertainment content market in Cannes and the African Union - European Union (AU-EU) summit in Abidjan. The creation of the Sports division that includes Equita Lyon, the major equestrian event, and also LOU Rugby generated new growth and as did PCO activity for medical conventions and institutional events in Turkey.

Acquisitions completed in 2017 strengthened operations for the PCO business (the agency CCC in France), the rental of long-term structures for industry (Tarpulin in Chile and Aganto in the UK) and rental of event structures and power units (Wicked & Flow in Dubai).

A more substantial pipeline of events in 2018 with already more than €35 million in new contracts signed by the Live division – Ryder Cup in France, the Commonwealth Games in Australia, the Football World Cup in Russia, the Longines FEI World Cup™ Finals for Jumping & Dressage as well as the European Games in Scotland – may be expected to contribute to growth by this division in 2018.

GL EVENTS EXHIBITIONS had revenue of €165.2 million, up 14% (+19.3% like-for-like). In the fourth quarter, the Europack-Euromanut, SIRHA Istanbul and Paysalia/Rocalia trade shows registered significant gains in numbers of exhibitors and visitors, highlighting the teams' marketing skills in developing products adapted to the needs of different industry sectors.

GL events Exhibitions is fully focused on preparing the next gathering for all industrial sectors, Global Industrie (Smart industries, Tolexpo, Midest and Industrie) that will bring together more than 2,700 exhibitors in Paris-Nord Villepinte in March 2018 in a space of more than 100,000 m².

GL EVENTS VENUES had revenue of €316.7 million, up 3.0% in relation to 2016 (+2.8% like-for-like) and up 9.3% from 2015, bolstered by continuing growth from destinations like Budapest, Strasbourg, Lyon or São Paulo which, on track with its plan as previously announced, registered an 80% increase in business. In the fourth quarter, Group venues hosted namely the Solutrans international show for road & urban transport solutions in Lyon, Gartner symposium in Barcelona, the Two-Wheeled Vehicles Fair in Sao Paulo and the OI Convention in Riocentro.

As part of its development strategy, GL events recently announced that it was awarded preferred bidder status to manage the future Aichi International Exhibition Centre in Japan scheduled to open in April 2019. Following the signature of the joint venture agreement with Yuexiu Group to manage the convention centre of Guangzhou (Canton), the Group thus reasserts its goals for development in the Asia-Pacific region. Other projects are under study or in negotiations.

 

Outlook

 

GL events confirms its target for an improvement in operating profitability at 31 December 2017.

2018 will benefit from measures initiated in 2017 to reinforce the business and geographical portfolio as well as a more favourable calendar of large events. In consequence, the Group confirms its target for continuing growth in business in 2018 that should result in revenue of more than €1 billion.

 

UPCOMING EVENTS: ANNUAL RESULTS: 21 MARCH 2018 (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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Annual report -
Registration document 2016


Company report
2016


2018 press releases archives