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 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

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