Report
Geoffroy Michalet

GL Events : A good Q3, beating forecasts

>Q3 largely above forecasts - For Q3, GL Events has published sales of € 325m, i.e., growth of 16% vs n-1 (€ 280m). For 9M 2023, sales were € 1,015m, up +26% and for the first time exceeding for the first time the billion euros of turnover over the period.In detail for Q3: Live (provision of services): € 201m in sales generated in Q3, driven by major sporting events like the Ryder Cup and the Rugby World Cup (RWC France 2023). Amongst the other significant e...
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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