GL Events : Strong Q3 2024, top-line guidance lifted for 2024 (not for the margin), but above all ambitious targets for 2025
>An excellent Q3, with live and venues offsetting exhibitions - For Q3, GL Events has published sales of € 384m, up +18% (ODDO BHF € 360m, consensus € 352m). Over 9M, sales come to € 1,205m, up 19%.Live (provision of services) stands at € 250m, up 24% and including € 100m from the Paris Olympics. The division contributed to other emblematic events in France such as the Cannes Yacht Festival, Monaco Yacht Show, Maison & Objet, Batimat Paris, Tax Free World Exhib...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.
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.
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