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 2002

First six months of 2002

- a return on operation which merits highlighting

- repeat business increasing with the development of the Venue and Events Management activity

- a second half year which traditionally contributes more

- annual forecasts revised upwards

I. First six months of 2002:


     - Turnover: + 24.4 %
     - Operating income: + 32.4 %

€ million HY1 2002 HY1 2001 variation in %
Turnover: 140,6 113,0 + 24,4
Operating income 10,3 7,8 + 32,4
Current profit before tax 8,8 6,8 + 28,7
Extraordinary item (0,3) 1,0 -
Group share of net income 5,0 4,6 + 9,7


The operating income which is the best the Group has ever known in the first six month period, incorporates 3 significant parameters:

- the lack of contribution by Owen Brown, acquired during the previous financial year, due to seasonal nature of its business (66% of its annual turnover will be achieved in the second half as in past years)
- the immediate positive contribution by BS Vision, acquired at the beginning of the 2002 financial year
- the on-going, but not yet achieved, turnaround of Location Courte Durée, still running at a loss but aiming to break even in 2003.

The net income is affected in the first half year by an imbalance in the extraordinary item compared with the same period of 2001 which in particular posted a profit on disposal of property. This effect should be extinguished on the year as a whole.

Turnover per activity (in M€):

  1st semester 2002 % of total Full year 2001 % of total
Services provided 85.1 61 161.9 69
Fitting - Museography - Systems 42,8 30 60,2 25
Space and Events Management 12,7 9 12,9 5
CONSOLIDATED TURNOVER 140,6 100 235,0 100


II. Good visibility in 2002, forecasts revised upwards

When the annual figures for 2001 were published in March, we indicated a 20% increase in turnover for 2002. Given the progress this year, we can today announce a minimum increase of 25% including 5% of internal growth.

Générale Location's trump cards for the future:

Even if the economic situation is admittedly mediocre, it is important to allow for long-term structural trends which favour Générale Location due to:
- globalisation and the international trade it incites. This also gives rise to events of such magnitude that only a few players can respond, including Générale Location thanks to its financial strength and its wide-ranging services;
- regionalisation, with a need for local operators to be firmly established in their country of origin.

A clear strategy uniting external and internal growth:
- external growth enabling increase of the earning per share and aimed at four targets: geographical, complementarity of activities, optimisation of added value, venue management with new sites to be managed;
- Internal growth with venue management the most important axis to be highlighted due to its strong emergence in 2002, a profitable trade with the advantage of durability.

After the winning duo of the Exhibition Centre and Congress Centre in Toulouse, which will produce significant results from 2003 onwards, preparations are underway for the opening of the Barcelona Convention Centre where the Forum des Cultures will be held in 2004. Several tenders for Exhibition and Congress Centres are being prepared and this activity will represent 25% of total group turnover within 5 years compared with today's 10%.

And still major events in which the Group should play a significant role: The G8 meeting at Evian, the IMF Congress in Qatar and the Paris World Athletics Championships in 2003, the Athens Olympic Games and the Universal Forum of Cultures in 2004, to name but a few.



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