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
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
Brazil Game Show
The biggest game show in Latin America chose Sao Paulo Expo to host this year’s event, attended by 300,000 fans!
© @studioLopes
Brazil Game Show
Turin International Book Fair
With 127,596 tickets sold in 2016, the Turin Book Fair, organised by GL events – Lingotto Fiere, is a genuine success story.
© Fondazione per il Libro, la Musica e la Cultura
Turin International Book Fair
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
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 Press releases 2003

Earnings surge in the 2003 first half
"Générale Location" adopts new name to become "GL events"

(Millions of euros) 30/06/03 30/06/02 Change
Consolidated sales 179.4 140.6 +27.6 %
EBIT 14.0 10.3 +35.7 %
% of sales 7.81% 7,35%  
Net financial charge -1.1 -1.6 - 32%
Income before exceptionnal items 12.9 8.7 +47.9%
Extraordinary items -0,9 -0.3
Net income of fully consolidated companies (excluding goodwill and minority interests) 7.5 5.4 +37.8%
Net attributable income 6.6 5.0 +32.1%


In the 2003 first half, Générale Location outperformed forecasts:
- Sales: +27.6% (+20% on a comparable structure basis*)
- EBIT: +35.7% (+8% on a comparable structure basis*)
- Net income of fully consolidated companies: +37.8% versus a 30% announced
*excluding Cofrata, a specialized provider of convention engineering services, consolidated in May 2003

Global services

With a sales growth of 4.6%, this business registered satisfactory growth. The first half saw the renewal of the three-year master agreement with the French ministry of foreign affairs, highlighting once again the quality of GL's expertise and the solidity of its business model. The EBIT margin declined 0.5 points in the first half though should be stable over the full 2003 period. In addition, in line with forecasts, the event equipment leasing business is expected to register a turnaround.

Venue and Event Management

Following the reopening of the Toulouse Exhibition Center, the integration of the Paris Floral Park and the positive performance of the Lyon Convention Center, organic sales increased 77% and the margin advanced 2.8 points in relation to the 2002 first half.
With the acquisition of Cofrata whose sales are heavily concentrated in May/June, sales surged 168.5% in the first half to €34.1 million (henceforth accounting for 19% of consolidated Group sales compared with 10.5% in 2002) and the EBIT margin has in turn increased almost twofold, gaining 7.4 points.

Fittings, Museum Fittings, Systems

Strong organic growth of 32.1% was driven notably by the growing contribution of revenue from the sale and leasing of modular structures and systems in the UK and the delivery of a first training facility for the coming Turin 2006 Winter Olympic Games. The EBIT margin, while declining 2.1 points in the first half in response to the exceptional surge in activity, remains at satisfactory levels.

Outlook

With a pro forma gearing at 30-06-2003 (after the capital increases of June and July 2003) of 58%, Générale Location intends to pursue its ambitious strategy of external growth: development in new international markets, addition of new venues, complementary businesses...

Major events in which GL will participate in the 2003 second half include the Test Events in Athens, The World Athletics Championship in Paris and the All African Games in Nigeria. This period will also see the opening of a new Global Services business unit in Switzerland.

Year 2003 should be characterized by significant seasonal variations. Total annual growth in sales however will exceed 10%.

Year 2004 will register: the Forum of Cultures in Barcelona in the venue managed by the group with sales already signed of €M10 and the Athenes Olympic Games. Concerning Venue Management, the group is answering tenders for the Grand Palais in Paris, the Paris-Bercy sport and event arena and the exhibition and convention center Acropolis in Nice.

Générale Location changes its name to become "GL events"

"To highlight our position as a major global provider in the event industry, we decided to adopt the name of GL events "announced Olivier Ginon, Chairman.
This new identity will better reflect the broad scope of Group expertise, contribute to its international development and strengthen the coherence of its image both internally and externally.
This change, will be soon submitted to an extraordinary general meeting.
The new identity will be presented on the web site www.generale-location.com starting september 10th and will become effective in the group November 3rd.

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

Download

Request for financial information

Annual report -
Registration document 2015


Company report
2015