Business
GL EVENTS : 2025 HALF-YEAR RESULTS
GL EVENTS : 2025 HALF-YEAR
About this update from Gl Events Sa
[{"type":"text","content":"\n \n \n GL EVENTS\n \n \n 2025 HALF-YEAR RESULTS\n \n \n 24 July 2025\n \n \n \n BRINGING PEOPLE TOGETHER\n \n \n BRINGING PEOPLE TOGETHER\n \n \n \n CONTENTS\n \n \n 2025 HIGHLIGHTS\n \n \n GROUPE\n \n \n RESULTS BY BUSINESS LINE\n \n \n PRESENTATION OF H1 2025 P&L\n \n \n BALANCE SHEET AT 30 JUNE 2025\n \n \n CHANGES IN NET DEBT AND DEBT STRUCTURE\n \n \n ESG POLICY\n \n \n OUTLOOK\n \n \n \n GL EVENTS JULY 2025 3\n 1.\n \n \n \n 4\n \n \n GROUPE\n \n \n CONTINUING GROWTH IN H1\n \n Growth on a reported basis\n \n \n +8%\n \n \n +19%\n \n \n +31%\n \n Growth of 8.3% driven by the Exhibitions and Venues divisions.\n \n \n Growth of 9.5% at constant exchange rates, excluding the unfavourable currency effects of the Brazilian Real, Chinese Yuan and Turkish Lira.\n \n \n Sales up in Latin America, Europe and Asia (Japan) despite continuing difficulties in the Chinese market.\n \n \n \"Other regions: activities in Saudi Arabia.\n \n \n In France, new growth drivers mitigated the base effect of the Olympic Games.\n \n \n GL EVENTS JULY 2025 5\n GROUPE\n \n \n CONTINUING IMPROVEMENT IN PROFITABILITY\n \n \n Strong improvement in EBITDA (+€23m /+20%) and current operating income (+€23m/+29%).\n \n \n EBITDA margin (+1.5 pt) boosted by a favourable business mix and seasonal effects.\n \n \n Continuing improvement in ROCE (+5.5 pts vs. 2022) reflecting the extensive work carried out and an improvement in asset quality.\n \n \n Increase in the net margin despite higher financial expenses.\n \n \n GL EVENTS JULY 2025 6\n GL EVENTS LIVE, A FIRST-HALF OF CONTINUING GROWTH\n \n \n \n GROUPE\n \n \n After a record 2024, the division successfully diversified into new markets, offsetting the high comparison base effect from the 2024 Olympic Games.\n \n \n Sustained business activity led to the signing of a number of significant contracts, reflecting the confidence of customers in GL events' teams.\n \n \n Discussions underway (non-binding MoU) concerning the acquisition of a majority stake (51%) in Add Group, Saudi Arabia.\n \n \n \n GL EVENTS JULY 2025 7\n EXHIBITIONS: STRENGTHENING THE HEALTH VERTICAL\n \n \n \n GROUPE\n \n \n 2025 ENHANCEMENTS\n \n 30,000\n \n \n PARTICIPANTS\n \n Chinese organiser of exhibitions and scientific\n \n \n S\n \n 12\n \n \n CONFERENCE\n \n \n +700\n \n \n EXHIBITORS\n \n \n 30,000\n \n \n sqm\n \n A YEAR\n ...