GL events’ revenues sharply decline in first half

France, 23rd July: Last week, GL events released its half-year results for the period ending on 30th June 2020. Revenues in the six-month period were €266.8 million (US$300 million), compared with the revenues of €595.9 million (US$670 million) in same period in 2019 and €545 million (US$613 million) in 2018.

In terms of divisional revenues, GL events Live generated revenues of €157.4 million (US$177 million) in the first half, representing a decrease of 42%. GL events Exhibitions’ revenues dropped 69% on a like-for-like basis, resulting in revenues of €45 million (US$51 million). GL events Venues generated €64.5 million (US$76 million) of revenues in the first half – which is a decrease of 62%.