France-based GL events has reported its nine-month revenue as of September 30, 2021, amounted to €437.8m, up 19.2%, thus marking the recovery of the business in relation to the health crisis experienced in 2020. However, compared to 2019 reported basis of €849.6m, revenues are still down-48.5%.
Business has rebounded notably in Asia, driven by China, operations linked to the Olympic Games in Japan, and also in France, where governmental restrictions have been eased.
„I would like to thank our financial partners for their support.“
Olivier Ginon, chairman and CEO of GL events, commented: "After a first half that was still down in relation to 2019 and 2020, our business is now back on track, demonstrating its resilience and registering a strong rebound."For the first nine months, revenue for the Live and Exhibitions divisions was up in relation to the same period in 2020.
The Venues division continued to be penalised by the closure of sites in South America and the absence of in-person international conventions. "Once again, I would like to thank our employees and operational partners for their commitment as well as our financial partners for their support", Ginon added.www.gl-events.com/sites/default/files/2021-10/COMFI-13-10-21-EN.pdf