GL events’ profit up 143% in H1 2023
Lyon, 20th July: Last week, GL events released its financial results for the six months ended 30th June 2023. It reported revenues of €690 million (US$754 million), representing year-on-year growth of 32%. Net profit in the six-month period jumped 143%, amounting at €41 million (US$45 million).
In terms of business sectors, GL events Live generated revenues of €367 million (US$401 million), up 22% year-on-year. GL events Exhibitions’ revenues increased by 97% year-on-year, reaching €144 million (US$157 million). GL events Venues, with revenues of €179 million (US$195 million), recorded year-on-year growth of 19%.