GL events exhibitions’ revenue up 83%
Lyon, 18th October: GL events released its financial results for the nine months ended 30th September 2023. It reported revenue growth of 26% reaching US$1.1 billion.
In terms of business sectors, GL events Live generated more than half of its total revenues, amounting to just over US$600 million, up 17% year-on-year. The second largest sector was GL events Venues, with revenues of US$282 million, which accounts for 26% of GL’s total revenues, representing year-on-year growth of 21%.
The remaining revenues were generated by GL events Exhibitions, which jumped 83% year-on-year, reaching US$191 million. According to the GL events, GL events Exhibitions posted a strong performance in the third quarter with a strong post-pandemic rebound.