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
COP22
GL events provides the installations for COP22 in Marrakech from 7 to 18 November 2016.
The largest temporary installation ever produced.
© Architecte OUALALOU+CHOI
COP22
GL events enters into a joint venture
with Yuexiu Group
to jointly develop a network of event sites in China. The first phase will consist in managing a 50,000 m2 convention centre in Gangzhou (Canton), targeted for opening in 2019.
© 效果图│ Renderings
GL events enters into a joint venture<BR>with Yuexiu Group
Euro 2016
Fan Zone in Lyon
A total surface area of 62,000m2 and 25,000 people a day; the Fan Zone in Lyon managed by GL events was the official home of football and fun during the event.
© Nicolas Rodet
Euro 2016<BR>Fan Zone in Lyon
Brazil Game Show
The biggest game show in Latin America chose Sao Paulo Expo to host this year’s event, attended by 300,000 fans!
© @studioLopes
Brazil Game Show
Sport dans la Ville
GL events provided services to “Sport dans la Ville”, an association promoting social inclusion through sport, for the inauguration of its new premises.
© Gilles Fillot
Sport dans la Ville
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 de Fourvière
GL events has been a partner to this festival in Lyon for many years: sound systems, lighting, structures for the “Village des Nuits”.
© Francis Mainard
Nuits de Fourvière
Blossom
Designed as an upmarket showroom in the heart of Paris, the show is the ideal place to get a preview of the pre-collections of fabrics and accessories, in a select private environment.
© Stéphane Kossmann
Blossom
Nuits Sonores
GL events is the audiovisual services provider to this major electronic music festival!
© Laure Rousville
Nuits Sonores
Back to Press releases 2012

GL events: growth momentum and promising projects

2012 1st quarter sales: €231.6m
+3.3% (+3.8% like-for-like)(1)
International momentum and line-up of major events


 

CONFIRMATION OF LEADERSHIP FOR MAJOR EVENTS

 

GL events had quarterly revenue of €231.6 million, up 3.3% or 3.8% like-for-like. The Group has pursued its expansion by seizing the best opportunities in the event industry on the international scene.

Consolidated sales
(€ millions)
201020112012

Change (reported basis)
12/11

Change (like-for-like)(1) 12/11
1st quarter 190.9 224.2 231.6 +3.3% +3.8%

(1) Organic growth defined as at constant structure and exchange rates

 

 

EXPANDING INTERNATIONAL GROWTH

 

Consolidated sales in international markets (Europe + Other International Regions) exceeded €100 million for the 1st quarter (+35.7% to €103.7 million) on strong growth from both its coverage of major events and a good level of activity from recurring events in line with the Group's strategic targets.

Revenue in France amounted to €128 million, remaining steady excluding the biennial effect and accounting for 55% of total consolidated revenue (compared to 66% a year earlier). For the region of Europe, revenue grew 22% to €65 million (28% of consolidated revenue compared to 24% in 2011). Other international markets excluding Europe rose 64% to €38.8 million (17% of Group revenue, up from 10% in 2011).

These performances reflect the Group's positive commercial momentum and true worldwide presence.

 

 

SALES VOLUME BY BUSINESS UNIT

 

Consolidated sales
(€ millions)
201020112012

Change (reported basis)
12/11

Change (like-for-like)(1)
12/11
GL events Live 93.0 90.7 110.5 +21.8% +15.4%
GL events Exhibitions 41.4 80.5 59.4 -26.3% -20.4%
GL events Venues 56.5 53.0 61.7 +16.5% +17.0%

(1) Organic growth defined as at constant structure and exchange rates

 

GL events Live: This business unit had sales growth of 21.8% (+15.4% like-for-like) in the 2011 first quarter. In addition to major events serviced on a recurring basis (Formula 1 Grand Prix, ATP Tour Tennis Championships, 6 Nations Rugby Championship, Saut Hermès international jumping show at the Grand Palais of Paris, major trade shows, etc.), the Group has also contributed as an organiser and/or equipment provider for major global events since the beginning of the year. Significant examples include the Africa Cup of Nations and the London Olympic Games.
The Group also contributed to the successful 6th World Water Forum held in Marseille in March with more than 35,000 participants and staged and equipped the World Figure Skating Championships in Nice.


GL events Exhibitions: The decline by this business unit (-26.3% and -20.4% like-for-like) is due exclusively to the biennial effect (SIRHA), with satisfactory performances from other trade fairs organised in the quarter. Among the quarter's major events, the latest edition of the Qatar Motor Show and the Europain/Success Food trade show in Paris were both noteworthy successes. The Group also benefited from its international developments and strategy of duplicating events, in particular with the New York, Sao Paulo and Moscow Editions of the Première Vision fashion industry and fabrics trade show.


GL events Venues: With sales growth of 16.5% (17% like-for-like), this business unit benefited from the new concession agreement for the Congresium Ankara convention and exhibition centre and growing contributions from the Palais Brongniart and Maison de la Mutualité in Paris. These venues delivered good 1st quarter performances that included a number of political meetings and associative events, large-scale corporate events and the Omnivore World Tour for which GL events is a partner.

To strengthen the Food & Beverage activity, the Group intends to leverage its Paris venues, as exemplified by the Maison de la Mutualité inaugurated on 6 March after being renovated under the direction of architect Jean-Michel Wilmotte where a restaurant has been opened by chef Yannick Alléno.

 

 

CONFIRMATION OF 2012 TARGETS

 

A number of major contracts are currently being finalised in Brazil and pending announcements are expected.

This first-quarter performance is consistent with Group guidance for annual sales of at least €808 million for 2012 that, in combination with effective operational management and investments, will further strengthen its long-term financial base.

 

(1) Organic growth defined as at constant structure and exchange rates

 

 

Upcoming events:
Annual General Meeting, 27 April 2012 in Lyon
Half-year results, 26 July 2012 (after the close of trading)



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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