GL events beats expectations with record-breaking revenue growth in 2024

Revenue in 2024 has risen sharply by 15% to €1.63bn, with EBITDA also showing a 16% increase to €232 million. Several key drivers have contributed to this growth in performance including the success of Paris 2024 Olympic and Paralympic Games and strong demand for events in France, UK, Chile and Brazil. In addition, the growth momentum of major international events and strategic regional events has more than offset the unfavourable biennial effect and slowdown in China. At the same time, the Group's continuing expansion in international markets, notably Brazil and the Middle East, has further diversified its sources of revenue.

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

“2024 was a historic year for GL events, marking a new milestone in its development by reaching €1.635 billion in revenue on growth of 15%. After this year marked by the Olympic Games, our objective for 2025 will be to continue to grow our business and further improve our operating margin. In this way, we will once again demonstrate the underlying strength of our growth momentum by expanding our horizons and consolidating our leadership.”

You can read the full press release from GL events Group here.