Report
Geoffroy Michalet

GL Events : Guidance raised with new contracts confirmed, but we had anticipated this. Our EPS forecasts revised to reflect higher minority interests.

>€ 70m in contracts confirmed for 2019 - Yesterday evening, GL Events announced that it had signed five contracts worth a total of € 70m. These contracts are for: i/ COP 25 in Chile from 2 to 13 December 2019 (we were very confident about this since GL Events has noted expertise in this area); ii/ the Pan American games in Peru this summer; iii/ a temporary exhibition facility in Strasbourg (17,350m²), iv/ a grandstand in Japan for the rugby world cup, in line with re...
Underlying
GL Events SA

GL events is an international provider of event solutions and services. Co. operates in three segments of the event industry market: the organization of trade fairs, conventions and events(Co. organizes proprietary trade shows); the management of venues(Co.'s venues are managed under concession agreements or long-term public-private partnerships); and services for events(Co. equips and installs every type of event). Co. assists companies, institutions, and event organizers at every stage of the process from the definition of their event strategies to final implementation in the field.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Geoffroy Michalet

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