on GL EVENTS (EPA:GLO)
GL events Maintains Steady Revenue Amid Q3 Challenges
GL events, a key player in the events industry, announced stable revenue for the first nine months of 2025 at €1.2bn, driven largely by international markets which contributed 51%. Despite a challenging third quarter affected by the absence of the Paris Olympics revenue and unfavorable currency effects, the company confirmed its annual targets for revenue growth above 5%, improved margins, and a Capex plan of around €80m.
The Group's varied divisions demonstrated adaptability. GL events Live generated €172.9m in Q3, bolstered by significant events like the Cannes Yacht Festival. GL events Exhibitions saw a 40% rise in revenue due to key medical conferences and fashion events. Meanwhile, GL events Venues experienced a 10% revenue increase, with notable events such as AC/DC concerts enhancing its portfolio.
Chairman-CEO Olivier Ginon expressed confidence in meeting the annual targets, citing robust global initiatives and successful management of landmark venues.
R. E.
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