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GL events Earnings Release 2026
1368_rns_2026-04-15_13a0e86e-c6f2-4bf7-8f17-31fc176b51de.pdf
Earnings Release
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PRESS RELEASE
LYON, 15 APRIL 2026 - 6.00 PM
GLEVENTS - WELCOME TO THE WORLD OF EVENTS
GL EVENTS: REVENUE UP 9% IN THE FIRST QUARTER OF 2026
GL EVENTS (FR0000066672, GLO), THE INTEGRATED EVENT INDUSTRY GROUP, ANNOUNCES ITS 2026 FIRST QUARTER REVENUE.
- Q1 2026 revenue: €468.1 million, up 8.9% (+9.4% like-for-like)¹
- Continued international expansion across all continents
- All 2026 targets confirmed
| Revenue by division (€m) | Reported basis | ||||
|---|---|---|---|---|---|
| Q1 2023 | Q1 2024 | Q1 2025 | Q1 2026 | Change 26/25 | |
| LIVE | 150.4 | 192.4 | 195.5 | 251.5 | 29% |
| EXHIBITIONS | 112.7 | 99.8 | 123.3 | 93.7 | -24% |
| VENUES | 88.0 | 94.2 | 111.2 | 122.8 | 10% |
| CONSOLIDATED TOTAL | 351.1 | 386.5 | 430.0 | 468.1 | 9% |
Olivier Ginon, Chairman-CEO of GL events Group, commented:
"GL events enters 2026 with strong international growth momentum, supported by the expertise of our teams operating across all continents who contributed to the success of major events such as the Milano Cortina 2026 Olympic and Paralympic Games and events at the Stade de France, and who are now preparing the Aichi-Nagoya 2026 Asian and Para Asian Games. This first quarter highlights the strength of our model that combines a strong local presence with the ability to deliver high-quality services across our key international markets. This is illustrated by the services delivered and scheduled to be delivered in Baku for the World Urban Forum and in Ulaanbaatar for COP17 by our teams.
Following this strong start to the year and supported by a robust pipeline, we confirm our 2026 targets for growth in revenue of more than 8% like-for-like¹, higher operating income and continued deleveraging.
We have completed the acquisition of the S-Pass live entertainment venue network in the regions and Salle Pleyel in Paris from Fimalac. We welcome the teams and will continue to develop these venues and their programming in support of local ecosystems and stakeholders.
In a still uncertain geopolitical environment requiring a cautious approach, our diversified footprint is a key strength. Backed by strong fundamentals and the continued dedication of our teams worldwide, we approach the year with confidence."
GL events reported Q1 2026 revenue of €468.1 million, up 8.9% compared with Q1 2025 and 9.4% like-for-like.¹ International activity accounted for 51% of revenue in Q1 2026, compared with 49% in the same period of 2025.
¹ Definition provided at the end of the press release.
G
PRESS RELEASE
LYON, 15 APRIL 2026 - 6.00 PM
GLEVENTS – WELCOME TO THE WORLD OF EVENTS
REVENUE BY DIVISION
GL EVENTS LIVE reported growth of 28.7% to €251.5m, up from €195.5m in Q1 2025 (+31.0% like-for-like¹)
This performance reflects the successful delivery of major international events, including the Milano Cortina 2026 Olympic and Paralympic Games in February, as well as ongoing preparations for the Aichi-Nagoya Asian Games scheduled for September and October 2026. In France, GL events Live confirmed the strength and diversity of its business model supported by a balanced portfolio of leading events. The division delivered services for exhibitions shows such as Maison & Objet, MIPIM, the International Agricultural Show and Wine Paris Vinexpo. It also delivered high-end services for leading luxury brands, including the Louis Vuitton Men’s and Women’s Fall-Winter shows, the Christian Dior Men’s and Women’s Winter shows and the Saut Hermès. Internationally, GL events Live continued to grow its presence across high-potential markets, including Goiânia for the MotoGP Brazil, Shenzhen for the Automotive Aftermarket Industry and Tuning Trade Fair and Riyadh for the AFC U23 Asian Cup.
GL events Exhibitions reported Q1 2026 revenue of €93.7 million, reflecting an unfavourable biennial effect, down 24.0% compared with Q1 2025 and 24.1% on a like-for-like basis.¹
Despite the decline in revenue in Q1 2026, the division remained resilient and maintained its strategic positioning, supported by a diversified event calendar. In France, activity was driven by major events such as Première Vision Paris, SIRHA Bake & Snack, Global Industrie Paris, the Lyon International Fair, CFIA Rennes, Eurobois Lyon and the Bocuse d’Or Europe in Marseille, confirming the Group’s presence in its key markets. Internationally, the division continued to grow, supported in particular by strong performance at Aquasur in Chile and the success of Première Vision New York, reflecting the Group’s ability to expand its footprint in strategic markets despite a demanding environment.
GL EVENTS VENUES reported Q1 2026 revenue of €122.8 million, up 10.4% compared with Q1 2025 and up 9.4% like-for-like.¹
In France, growth was driven by the continuing integration of the Stade de France, supported by the success of the Six Nations matches and strong momentum in the regions (Toulouse, Clermont-Ferrand, Strasbourg and Marseille). Internationally, growth was supported by a dense event calendar in Budapest (Agromash Expo, SIRHA Budapest and FeHoVa) and sustained activity levels in South America (Chile and Brazil).
PRESS RELEASE
LYON, 15 APRIL 2026 - 6.00 PM
GLEVENTS – WELCOME TO THE WORLD OF EVENTS
CONFIRMATION OF 2026 TARGETS
Despite an ongoing uncertain geopolitical environment, GL events expects a further year of growth, driven by GL events Live and GL events Venues:
- Revenue growth of more than 8% like-for-like;
- Growth in current operating income;
- A CAPEX programme of around €80m.
Excluding acquisitions currently under review or in the process of completion, net debt is expected to decline slightly further, with continued improvement in financial ratios.
EXTERNAL GROWTH
GL events has completed the acquisition from Fimalac of all 23 regional event venues operated by the S-Pass network, as well as Salle Pleyel, a landmark concert and performance venue in Paris. This acquisition reflects GL events’ ambition to build a leading cultural network in France, capable of structuring an integrated offering across the entire value chain of the sector and supporting high-quality, diverse and rich programming in line with local cultural policies.
POST-IAS 29 PRESENTATION
| Revenue by division (€m) | Reported basis | ||||
|---|---|---|---|---|---|
| Q1 2023 | Q1 2024 | Q1 2025 | Q1 2026 | Change 26/25 | |
| LIVE | 150.2 | 192.2 | 195.2 | 251.5 | 29% |
| EXHIBITIONS | 112.7 | 99.8 | 123.3 | 93.7 | -24% |
| VENUES | 88.0 | 94.2 | 111.2 | 122.8 | 10% |
| CONSOLIDATED TOTAL | 350.9 | 386.3 | 429.7 | 468.1 | 9% |
UPCOMING EVENTS
- Annual General Meeting 29 April 2026
- Q2 2026 revenue and H1 2026 results: 22 July 2026
- Q3 2026 revenue: 14 October 2026
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PRESS RELEASE
LYON, 15 APRIL 2026 - 6.00 PM
GLEVENTS – WELCOME TO THE WORLD OF EVENTS
ABOUT GL EVENTS:
www.gl-events.com
About GL events: The Group is a world-class provider of integrated solutions and services for events operating across the three main market segments: conventions, conferences, congresses; cultural, sports and political events; trade shows / B2B and B2C exhibitions and consumer fairs. GL events' activities are organised into three major business divisions.
GL events Live’s expertise covers the complete range of business specialisations and services for corporate, institutional and sports events and offers turnkey solutions from consulting and design to staging the event itself. GL events Exhibitions manages and coordinates the Group’s portfolio of more than 200 proprietary trade fairs covering a wide range of sectors: food industry, culture, textiles and fashion, manufacturing... GL events Venues manages a network of 84 venues (convention and exhibition centres, concert halls and multi-purpose facilities) in France and international destinations.
Present on five continents with operations in more than 20 countries, GL events has 6,490 employees. GL events is listed on Euronext Paris, Compartment B (mid-caps).
INVESTOR RELATIONS
| GL events | FTI Consulting |
|---|---|
| Sylvain BECHET | Julien Durovray |
| Tel.: +33 (0)4 72 31 54 20 | Tel.: +33 (0)6 25 04 57 73 |
| [email protected] | [email protected] |
ISIN FR0000066672 - BLOOMBERG GLO FP - REFINITIV GLTN.PA - FTSE 581
LEI 9695002PXZMQNBPY2P44
DEFINITIONS
Constant exchange rates: average exchange rate of N applied to the previous period (N-1)
Organic growth: growth in revenue excluding changes in the scope of consolidation
Constant structure
- For acquisitions of the period: by adding to revenue of prior periods the sales of the acquired company
- For disposals of the period: by subtracting from revenue of prior periods the sales of the company sold
LFL: like-for-like defined as at constant structure and exchange rates (see the definitions above for "constant structure" and "constant exchange rates")
IAS 29: Financial Reporting in Hyperinflationary Economies for the Group, Turkey is included in the list of countries covered by this standard. In consequence, the accounts of the Group’s Turkish companies are henceforth translated at the closing rate and no longer at the average rate for the period.
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