3 March 2016
Revenue for the year on that basis grew by 16.1 per cent in relation to 2014 (with organic growth of +17.4 per cent) and by 3 per cent from 2013. Following another record performance in 2014, GL events successfully achieved its goal of continuing growth in line with guidance, a challenge met despite the complex economic and geopolitical environment, recession in Brazil and a negative currency effect of €17 million. Over the last two years, the Group has achieved average growth of 8 per cent. GL events' teams in France and in international markets have demonstrated the efficacy of the Group's business model for sustaining profitable growth.
GL events Live, following 2014 that included the Football World Cup and COP20, had consolidated annual revenue of €486.4 million, marked by new successes with participations at major sports and institutional events (Milan Universal Exhibition, the Pan American and Parapan Games in Toronto, the annual meeting of the IMF and the World Bank in Lima, closing ceremony of the African Games in Congo, COP21 in Paris).
GL events Venues contributed €289.6 million to Group revenue, up 8.6 per cent, including organic growth of 3.3 per cent. The last quarter of the year registered a record level in billings (€92 million), successfully capitalising on previous investments.
http://www.gl-events-exhibitions.com/homepage
GL events registers strong growth
French fair organizer GL events Exhibitions registered strong growth in sales revenue, reaching €166.4 million for 2015, bolstered by the renewed success of Sirha, the world hospitality and food service event.
 Photo: GL eventsFrench fair organizer GL events Exhibitions registered strong growth in sales revenue, reaching €166.4 million for 2015, revenue for the year on that basis grew by 16.1 per cent in relation to 2014. |
GL events Live, following 2014 that included the Football World Cup and COP20, had consolidated annual revenue of €486.4 million, marked by new successes with participations at major sports and institutional events (Milan Universal Exhibition, the Pan American and Parapan Games in Toronto, the annual meeting of the IMF and the World Bank in Lima, closing ceremony of the African Games in Congo, COP21 in Paris).
GL events Venues contributed €289.6 million to Group revenue, up 8.6 per cent, including organic growth of 3.3 per cent. The last quarter of the year registered a record level in billings (€92 million), successfully capitalising on previous investments.
http://www.gl-events-exhibitions.com/homepage