16.02.2015 - GL events: revenue up to nearly € 1 billion
GL events, the integrated event industry group, has announced strong growth in annual revenue of 16.1% to € 939.4 million. This performance illustrates the quality of the group’s territorial coverage and its teams, the strength of its references, its commercial networks, and the added value of the event offering, now widely distributed across all continents. GL events had consolidated revenue of € 276.8 million in the 2014 fourth quarter, up 27.7%. Revenue from international markets accordingly included robust 77% growth from the “Americas”, driven by the group’s presence at the football World Cup, the staging of the COP20 conference and the continuing development of all business lines. Benefiting from the pioneering presence of its installations and networks in Brazil, now an important event industry hub and a growth driver for GL events’ international business, resulting revenues surged 48% (+58% in local currency) to € 150.8 million for the full year, up from € 101.8 million in 2013 and € 66 million in 2012. In order to pursue its development in South America, GL events has opened a field office in Chile. In Europe, Spanish operations also registered strong growth (>30%). The group’s operations in Turkey registered growth of 16% (36% in local currency). France, now accounting for 45% of consolidated sales revenue, also registered growth, reaching € 421.9 million for the 12-month period (+7%), reflecting the solid positioning of its Paris venues, the development of “modular stadiums”, the good level of the trade show organisation business and the participation of business units in large international projects. GL events Exhibitions had revenue of € 143.2 million in 2014, marked namely by the renewed successes of Première Vision’s different editions and the international swimming pool tradeshow in the fourth quarter. On that basis, revenue was up 5.3% in relation to 2012 and down 11.3% on a relative basis in relation to 2013, reflecting biennial effects. (ank)
Quelle: Jan 28, 2015 [m+a UFI Newsletter]