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
Générale Location net sales for the first semester 2000 reach 604 million French Francs (92 Million Euros). With constant exchange rate and scope, the progression reaches 28 %.
Over the first six months of the year, Générale Location, in accordance with its priority strategic axes, reinforces its activity in the market of events and increases in a significant manner the activity realized outside France. Net sales achieved on the export market represents close to a quarter of the total net sales registered during the first semester.
The external growth, initiated during the first six months and already finalized for ISF and Standard Décoration and in the process of an audit for SF Protection, will appear in the scope of consolidation during the second semester. Over a complete year, the additional net sales brought by these companies will be between 200 and 250 MF (30.5 and 38.1 M Euros). The company GL UK, created in June 2000 and present in Singapore for the celebration of National Day, will contribute to the net sales generated by the event market and the export one as early as in the second semester 2000.
Based on the performances of the first semester, Générale Location confirms an evolution of 30% of its activity for the year 2000.
Générale Location will communicate its results for the first semester 2000 on September 7, 2000.
Increase of the consolidated net sales: + 29 %
Export net sales increased by three:
(in MF) 1999 2000 D
France 424,0 461,4 + 9 %
Export (1) 45,7 142,6 + 212 %
Total 469,7 604,0 + 29 %
(1) that is a degre of cumulated advancement
at 30 June 2000 of about 60 % of the 155 MF of
the contracts signed for the Sydney Olympic Games
A net progression of the Event market in the
distribution per market.
|12 months||12 months||6 months|
|Shows / exhibition||70 %||66 %||62 %|
|Events Fittings /||22 %||26 %||31 %|
|Museum fittings||8 %||8 %||7 %|
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