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
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 Sonores
The 2016 Nuits Sonores are equipped by GL events Audiovisual.
© Laure Rousville
Nuits Sonores
Sao Paulo Expo inauguration
The inauguration of the expanded and renovated Sao Paulo Expo on 26 April was attended by more than 500 economic decision-makers.
© Rodrigo Lopes/studiolopes.com
Sao Paulo Expo inauguration
COP 21
The aim of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP21) was to negotiate a new universal agreement on climate change, in order to maintain global warming below 2°C. GL events supplied and assembled structures for this key event, and also provided audiovisual services, fixtures and fittings for the event spaces.
© Philippe Cler
COP 21
African Games
The Live! by GL events agency was in charge of organising the spectacular closing ceremony for the African Games.
© Myli Bourigault et Pierre Le Tulzo / Live! by GL events
African Games
Video City Paris
Organised by the producers of the Golden Moustache (M6 TV channel), the Studio Bagel (Canal+ TV channel) and Mixicom, in collaboration with Live! by GL events, Vidéo City brought together around a hundred of the most popular YouTube video creators. A genuine success!
© Philippe Cler
Video City Paris
Maison de la Mutualité
The Maison de la Mutualité was the former headquarters of the French mutual insurance federation . The venue has been managed by GL events since 2010. The Group has renovated the building to return it to its former glory. Today, the venue hosts all types of events, from business meetings and exhibitions to fashion parades.
Maison de la Mutualité
Equita
This is an event that horse-riding fans look forward to every year. Organised by GL events, Equita is the largest equestrian show in France. Each year, around 3,500 horses take part in the event which attracts over 150,000 visitors.
© PSV – Jean Morel
Equita
IMF and the World Bank
The Boards of Governors of the IMF and the World Bank met in Lima (Peru) this year to establish the main priorities and focuses for the two institutions. The production of this large-scale event was entrusted to a consortium made up of GL events and the event agency Stimulus.
© Joao Socola
IMF and the World Bank
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 2001

First half 2001: Net sales + 22,7 %
Correlated operating profit and net income

RESULTS FOR THE FIRST SIX MONTHS

Générale Location posts net sales progression of 22.7 %, which reach € 113m.

 

Summarized income statement

In million Euros 30 June 2001 30 June 2000
Net sales 113,0 92,1
Operating profit 7,8 6,3
in % of net sales 6,90% 6,84%
Net consolidated group profit 4,6 3,6*

* excluding exceptional major items : Paris expo, Morocco, Spain


Net cashflow excluding working capital movements in strong progression : + 32.7 %

  30 June 2001 30 June 2000
In million Euros 13,8 10,4
In % of net sales 12,21 % 11,29 %

 

A stable EBITDA  

With constant scope, the operating profit -before depreciation and bringing forward of amortization and provisions (EBITDA) - is stable at 14.20 %

 

STRUCTURALLY SOLID FOUNDATIONS

Générale Location is present on three markets which are well oriented and lasting, at the national level as well as the international level:

- Shows / Exhibitions
- Events
- Fittings / Museum fittings

It owes its success to a unique business model which can be summed up as follows:

- The choice to be an assembler
- The presentation of a globalized offer
- An external growth full of dynamism which will be pursued according to a double entrance strategy:
     - Widening of the offer
     - Gains of market shares
- The service culture always at the heart of the process
- A critical size and a good reputation, solid assets providing confidence to the principals. 

 

PROPECTS FOR 2001

As at 13 September, the portfolio of contracts signed comes to E 238m, that is an 11% increase compared to the amount posted for the whole year 2000.

Générale Location is waiting for additional net sales during the course of the last term of the year, a period known to generate at times more than half of its annual net sales.

Within the framework of a world economic and political activity both particularly in turmoil, which could possibly disrupt for a time our markets, and taking into account signature dates for acquisitions which could be postponed in time, Générale Location is forecasting an annual growth around + 15 to + 20 %.

During the course of the second half of the year, Générale Location will be present:

- At prestigious events such as:
     - The Asian Games in Kuala Lumpur
     - The Mediterranean Games in Tunis
     - And the Summit for the French speaking World in Beirut.
     - ...

- At shows of world renown such as:
     - Maison & Objets in Villepinte
     - Première Vision
     - Batimat
     - ...

Moreover, during the summer, the Group signed all its contracts valid for several years, coming due for renewal this year, and representing a volume of activity worth for the years to come  € 135m.

Générale Location pursues its policy of internationalization concerning its activities with the acquisition of OWEN BROWN present on the British market.

The activity of the sale of modular products meant for the exhibition markets which represented net sales close to  € 2m in 1999,  € 12m in 2000, will reach its objective of  € 25m for the year 2001

* * *

Within the framework of a program of shares buy-back which was decided on by the Annual General Meeting which met on 9 June 2000 under its fifth resolution, a contract of liquidity on the company shares, in accordance with the Chart of Ethic Rules established by AEFI and approved by the Securities and Exchange Commission, was signed with the CIC EIFB on 31 August 2001.

 

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 2015


Company report
2015