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 2012

GL EVENTS' INTERNATIONAL POSITIONING DRIVES CONTINUING EXPANSION: ANNUAL REVENUE OF €783m (+7.6%)

Presence in Turkey reinforced

A record contract for the Africa Cup of Nations (sales of €34m)

Very robust gains in Brazil

 

GROWTH MOMENTUM IN 4th QUARTER: +5.9%

 

After a record performance in 2010 (+25%), GL events registered further growth in 2011 with sales of €783 million, up +7.6%. The positive momentum of the first nine months continued in the year's last quarter with sales of €233 million, up +5.9% (including organic growth of 1%).

For another year, the Group delivered a noteworthy performance against the backdrop of sluggish trends for the European event industry overall, bolstered by its international commercial presence. The Group has in this way reaped the benefits from its positions in expanding international markets with stronger growth trends and has well managed the period following the World Football Cup by contributing to a significant number of large-scale events. GL events also benefited from the addition of Brelet, Slick and Serenas, Turkey's leading PCO, and growing contributions from Première Vision.
For the 2011 full year, France accounted for approximately 54% of the Group revenue, Europe 27% and international markets 19%.

CONSOLIDATED REVENUE (€ millions)200920102011Change (%)
First quarter 188.5 190.9 224.2 +17.5%
Second quarter 112.1 165.9 159.6 -3.8%
Third quarter 103.5 150.7 166.1 +10.2%
Fourth quarter 177.3 219.7 232.7 +5.9%
ANNUAL TOTAL 581.4 727.2 782.7 +7.6%

 

 

 

REVENUE AND OPERATING HIGHLIGHTS BY BUSINESS LINE

 

GL events Live with revenue of €397 million, remained stable in relation to the prior year that had included €43 million recognised by the Group from contracts for football competitions held in Africa.

This strategic business unit had a very strong 4th quarter (+21.3%) on contributions from the 100th anniversary of the Gallimard publishing house, G20 meetings in Paris and Cannes, the Test Events held in preparation for the 2012 London Olympic Games or the Paris–Bercy Tennis BNP Paribas Masters tournament, the Lyon Festival of Lights, the Geneva International Horse Show Jumping Competition. It has also been actively contributing to the Africa Cup of Nations currently being held in Equatorial Guinea and Gabon.


GL events Exhibitions, had revenue in 2011 of €171 million, up 51.4% (+23.3% like-for-like*). This included positive contributions from the integration of Première Vision, more positive trends for the organization of trade fairs in France(SIRHA) and international markets (Construir and the major football sector event, Footecon in Rio de Janeiro as well as the Bologna Motorshow), as well as successes for proprietary trade fairs with multiple editions such as the biennial Rio de Janeiro International Book Fair, the Turin International Book Fair and the Brazilian edition of the Première Vision fabrics show.


GL events Venues had sales of €215 million for the full year, up 0.7%, with a contained decline in the 4th quarter reflecting the seasonality of certain trade fairs.
In 2011, management concession agreements for the Vannes Exhibition Centre and the Grande Halle d'Auvergne (Exhibition Centre and the Zenith concert hall) of Clermont Ferrand were renewed, highlighting the confidence by local stakeholders in the Group's offering and model for development in the different economic regions.

Revenue (€ millions)2010201111/1011/10
(organic)
GL events Live 401 397 -1% -6.5%
GL events Exhibitions 113 171 +51.4% +23.3%
GL events Venues 213 215 +0.7% +1.2%

 

 

 

OUTLOOK

 

The Group maintains its target for growth in operating profit before the extraordinary provision recorded for the 2010 Commonwealth Games contract in India as previously reported. This allowance has no impact on the calculation for the bank covenant for leverage and a very limited impact on gearing.

After contributing to key worldwide events in 2010 and 2011, the Group will focus on confirming its leadership position through team commitment, high-quality assets and a very strong brand name with a significant line-up of world class events for 2012 followed by a positive cycle thereafter in GL events' different regional markets.

 

 

Upcoming events:
2011 annual results, 6 March 2012 (after the close of trading)

* Like-for-like: comparable structure and exchange rates

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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Registration document 2015


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2015


2012 press releases archives