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
|Consolidated net sales||1st quarter 2000||1st quarter 1999|
The Group Générale Location 's net sales show a 23.7 % increase at the first quarter in 2000.
First quarter net sales generated by the works of Sydney Olympic Games come to 24.4 million French Francs (3.7 million Euros), and will reach an amount superior to 100 million French Francs (15.2 million Euros) in the coming quarters.
Générale Location pursues its development in the world of events on the international scene:
- Tennis Grand Prix of Estoril in April 2000,
- "National Day" in Singapore the 9th of August 2000 (net sales of more than 10 million French Francs, that is 1.5 million Euros).
Further to the protocol of agreement of March 17th 2000, the Group ISF, leader in the sale of modular systems for exhibition, with annual net sales of 100 million French Francs (15.2 million Euros) will be integrated after an audit in the accounts of Générale Location in the months to come.
Fittings - Museum fitting : on June 18th, the Museum of the Army to the Disabled will be inaugurated, and with nets sales of 22 million French Francs just on this project, the company Décorama will have an exceptional first semester, its net sales for six months being close to the ones realized for the entire year 1999.
The operating profitability associated with these developments is in tune and even superior to what was expected for the entire group.
The performance of the first quarter linked to the different growth factors which will be come to be during the coming quarters, testifies to our development strategy for the whole year of more than 30 %.
The shareholders of the company Générale Location, Public Limited Company of a capital of 227 125 000 French Francs are invited to the Annual General Meeting which will be held on Friday June 9th 2000 at 11:00 a.m. at the Palais des Congrès of Lyon - 50, quai Charles de Gaulle - 69006 LYON.
The advice to convene which includes the agenda as well as the projects of resolutions were published at the BALO on the 9th of May 2000.
Any additional information can be obtained at the company 's Head Quarters:
BP 40 69530 BRIGNAIS
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