GL Events

GL events moves fast to preserve liquidity as H1 revenues fall sharply

International event organiser and venue company GL events has released its (H1) approved financial statements, which show a big drop in revenues and a company strategy focused on preserving liquidity. Chairman and CEO Olivier Ginon (pictured), announcing the results approved by the GL events’ Board of Directors on 15 September 2020, said: “After a record performance in 2019, the Group entere...

French Premier maintains ban on public gatherings over 5,000 until 31 October

International event management and venue grou, GL events has responded to the French prime minister’s announcement of 11 August 2020 maintaining the ban on public gatherings of more than 5,000 people until 31 October 2020. Premier Jean Castex indicated that, in accordance with the strict application of public health measures, French regional authorities (préfets) will have the authority to grant e...

GL events first-half group revenues drop 55%

Integrated global events group GL events has reported first-half consolidated revenues of €266.8m, a 55.2% drop from the 2019 figure of €595.9m. Group revenue in the 2020 second quarter amounted to just €53.6m, down 79% on the 2019 figure. Olivier Ginon (pictured), GL events Group’s chairman commented: “Revenue was significantly impacted in the first half by the health crisis in France and in inte...

The CCIB to provide 5,000 meals per day for those in need

The Barcelona International Convention Centre (CCIB) has teamed up with World Central Kitchen (WCK) to produce and serve up to 5,000 meals per day for the most vulnerable groups in the Barcelona area affected by the Covid-19 crisis. The CCIB reopened its 3,300sqm of kitchens last week and began distributing the first meals through the local Food Bank on 29 April. The team at Diagonal Food (the CCI...

GL events Q1 revenues drop 37% as Covid-19 effects feed through

Event industry group GL events has announced first quarter group revenues of €213m, which represents a 37.3% drop over the same period last year. The Exhibitions division was down over 67% at €42.8m for the quarter (2019: €132.3m). The Live section of the business held up better, dropping just 8% on the 2019 Q1 figure of €124.2m to €11.4m, while the Venues business plunged 31.9% to €57.1m compared...

GL events announces measures to protect business and employees; postpones AGM and dividend

Integrated events industry group GL events has announced the postponement of its proposed AGM and cancelled the dividend as the company moves to “protect all employees and stakeholders” in the face of the Covid-19 pandemic. Olivier Ginon, GL events Group’s Chairman commented: “GL events is taking all necessary measures in accordance with the recommendations of the competent health and govern...

GL events to give up management of Barcelona International Convention Centre

Fira de Barcelona and GL events have signed an agreement, which will see the former group taking charge of managing the Barcelona International Convention Centre (BICC).

GL events reports €1.2bn revenue for 2019

Global event industry group GL Events has reported consolidated revenue for FY 2019 of €1.173bn, representing growth of 12.7%.

GL events posts revenue growth of over 10%

Integrated event industry group GL events has reported revenue growth for Q3 of 13% and 10.4% for the first nine months of this year.