15/10/2025 19:17
GL events shows resilience in q3 while confirming full year targets for 2025
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INFORMATION REGLEMENTEE

PRESS RELEASE
LYON, 15 OCTOBER 2025 - 6.00 PM

#GLEVENTS – WELCOME TO THE WORLD OF EVENTS




GL EVENTS SHOWS RESILIENCE IN Q3
WHILE CONFIRMING FULL YEAR TARGETS
FOR 2025
GL EVENTS (FR0000066672, GLO), THE INTEGRATED EVENT INDUSTRY GROUP, ANNOUNCES ITS 2025
THIRD-QUARTER REVENUE.

 Revenue stable at €1.2bn at constant exchange rates for the
first nine months of 2025,
 International markets accounted for 51% of revenue at 30 September 2025,
 Q3 2025 revenue: €288.2m,
 2025 targets confirmed for revenue growth above 5%, improved operating margin,
and Capex of around €80m.

2025 nine-month revenue:
GL events revenue (€m, pre-IAS
2025 2024 Change
29)
Q1 430.0 386.5 11%
Q2 458.9 434.1 5%
Q3 288.2 384.0 -25%
2025 9-MONTH
1,177.0 1,204.6 -2%
CONSOLIDATED TOTAL

Olivier Ginon, Chairman-CEO of GL events Group, commented:

“GL events demonstrated solid momentum in the third quarter of 2025, boosted by growth in Brazil
and Chile and a strong performance in France. This positive trend highlights our continuing
commitment to strengthening our international presence and seizing growth opportunities in key
regions. At the same time, as expected, we are experiencing a significant base effect (from the Paris
Olympics, which generated €115m in revenue in Q3 2024) and currency effects (-€21m). At constant
exchange rates, the level of activity remains comparable to the nine-month period ended 30 September
2024, at €1.2bn, of which 51% originated from international markets. In addition, mega-events will
have a more significant impact in Q4 2025. The execution of our development plan remains on track
and our teams are committed to delivering high-quality services that meet our customers'
expectations.

The success of the first events organised at the Stade de France, and notably the AC/DC concerts,
demonstrates our ability to successfully manage iconic venues with international reach, where each
event showcases our expertise to the world. While rapidly taking control of the infrastructure was an
enormous challenge, once again our teams successfully rose to the occasion I am proud that our
operational excellence has been once again validated by these achievements further reinforcing the
trust of our partners around the world.

We confirm our 2025 targets with a trajectory of sustainable and well managed growth, supported by
a healthy pipeline and rigorous discipline, despite an unstable geopolitical environment.”


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#GLEVENTS – WELCOME TO THE WORLD OF EVENTS




REVENUE BY DIVISION

(€m) Q1 Q2 Q3 9-month 9-month
pre-IAS 29 2025 2025 2025 2025 2024 Change
GL events Live 195.5 263.4 172.9 631.7 746.7 -15%
GL events Exhibitions 123.3 48.5 22.5 194.3 138.8 40%
GL events Venues 111.2 147.0 92.8 351.0 319.1 10%
Consolidated total 430.0 458.9 288.2 1,177.0 1,204.6 -2%


GL EVENTS LIVE had revenue of €172.9m in Q3 2025, compared with €250.2m in Q3 2024, a change
explained by a base effect from the Paris 2024 Olympic Games which for the division generated
€100m in revenue. Despite this challenging context, the division has demonstrated its ability to adapt
through impressive achievements that illustrate the wide range of its expertise. In France, highlights
included the French 14th of July Bastille Day ceremonies, the Cannes Yacht Festival and the Maison et
Objet exhibition. Internationally, GL events is consolidating its global presence with a number of high-
profile projects: the Silverstone Grand Prix and the 6 Hours of São Paulo, the 2025 Club World Cup at
the Cincinnati Football Club, the new grandstands at Aston Villa's stadium and the Monaco Yacht
Show. This international momentum continues with the Osaka World Expo and the first performances
for the Milano Cortina 2026 Olympic Games.

At 30 September 2025, the division posted total revenue of €631.7m, down 15% like-for-like
compared with 30 September 2024.

GL EVENTS EXHIBITIONS generated revenue of €22.5m in Q3 2025, driven by a rich and diverse line-up
of events that testifies to the vitality of its markets. The quarter was marked by noteworthy successes,
including the Joint Congress of Visceral and Digestive Surgery in France and the Shoulder and Elbow
Surgery Congress in the Netherlands, which highlight the growing importance of specialised medical
conferences in GL events' portfolio. The division also benefited from the success of Première Vision in
France, which confirmed its leadership position in the fashion industry, and Première Vision New York,
which confirmed its presence in the American market. This momentum also remained on track in
international markets thanks to strategic events such as the Estetika trade show in Brazil, SIRHA Arabia
in Riyadh and Tranoï Tokyo Autumn.

At 30 September 2025, the division reported revenue of €194.3m, up 40% (+37% at constant exchange
rates) compared with the same period in 2024, confirming the division's trajectory of sustained
growth.

GL EVENTS VENUES had revenue of €92.8m in Q3 2025, attesting to the adaptability of its business
model. This performance is based on a balanced mix of events that capitalises on the wide range of
venues available: in France, AC/DC concerts confirm the appeal of hosting major live productions in
exceptional venues, the Rose Festival in Toulouse has established itself as a leading cultural event, the
Marseille International Fair maintains its strong regional roots, and the Lyon Motor Show is
strengthening its presence in the automotive market. The division's international expansion is
reflected in a range of projects, such as the Netflix television production at Lingotto, which opens up
its activity to the audiovisual industry, the Expert XP event at São Paulo Expo, which strengthens its
foothold in South America, and the Omek trade fair, which cultivates niche areas of expertise.




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#GLEVENTS – WELCOME TO THE WORLD OF EVENTS


This positive trajectory resulted in year-to-date revenue of €351m for the first nine months of 2025,
representing growth of 10% (+8% at constant currency) from €319.1m at the end of September 2024.

CONFIRMATION OF 2025 TARGETS

In an uncertain geopolitical context and following strong growth in 2024, GL events confirms its full
year targets for FY 2025;

 Sales growth exceeding 5%;
 An improved operating margin;
 A CAPEX programme of around €80m.

Furthermore, in light of the completion of the external growth operations announced in the first half
of this year, GL events expects its net debt to remain stable in 2025.

UPCOMING EVENTS

 FY 2025 revenue: 22 January 2026
 FY 2025 results: 04 March 2026




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#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 provides a complete range of 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/fashion, manufacturing… GL events Venues manages a network of 60 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 5,950 employees. GL events is listed on
Euronext Paris, Compartment B (mid-caps).

INVESTOR RELATIONS MEDIA 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
finance@communication.gl-events.com glevents@fticonsulting.com




ISIN FR0000066672 - BLOOMBERG GLO FP - REFINITIV GLTN.PA - FTSE 581

LEI 9695002PXZMQNBPY2P44




POST-IAS 29 PRESENTATION

(€m) Q1 Q2 Q3 9-month
incl. IAS 29 2025 2025 2025 2025
GL events Live 195.2 261.5 172.7 629.4
GL events Exhibitions 123.3 48.5 22.5 194.3
GL events Venues 111.2 147.0 92.8 350.9
Consolidated total 429.7 458.9 288.0 1,174.6


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
o For acquisitions of the period: by adding to revenue of prior periods the sales of the acquired
company
o 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")



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