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
The Council of the Auvergne region, deliberating the 7th of April awarded to GL and its local partners (1) the management of the Grande Halle d'Auvergne of Clermont-Ferrand.
This venue includes:
The Exhibition Center, currently under construction and scheduled for delivery in the first quarter of 2004: it includes a hall of 19,000 m², 12,000 m² of which will be available for commercialization, a conference center including an amphitheater with a capacity for 600 people, 7 meeting rooms and a modular space of 2 400m² available for commercialization.
The Zenith Concert Hall can welcome 8,500 people and will be inaugurated on 5 and 6 December 2003 .
The concession agreement was attributed for eight years and should generate for the Group direct and indirect sales of approximately €60 million over this period.
With the Grande Halle d'Auvergne and the Floral Park of Paris awarded last February, the Group has already met its target for 2003 which provides for adding to its portfolio two new venues per year. Moreover, with other calls for tenders foreseen or in progress, GL intends to pursue further growth in Venue and Space Management.
GL confirm the sales forecast announced march 11th and will release the first quarter sales figure the 23rd of april.
(1) GL has a 52 % stake in the company responsible for management of the site in partnership with the group Centre France la Montagne, the company Arachnée specialized in the organization of conventions, shows and concerts, the Clermont Cournon tradeshow and the 'Sommet de l'élevage'.
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 : email@example.com
Code ISIN : FR0000066672
Code Bloomberg : GLO FP
Code Reuter : GLTN.PA
Code FTSE : 581