GL EVENTS (FR0000066672, GLO), THE INTEGRATED EVENT INDUSTRY GROUP, announces its fourthquarter revenue on January 22 local time.
2025 annual revenue up 7.4% at constant exchange rates and 5.3% compared with year-end 2024, reaching a record €1.721bn (approximately RMB 14.096 billion)
All 2025 targets confirmed, with a further improvement in net debt at year-end 2025
The CARAC Group acquires an equity stake in the Stade de France operating company
Olivier Ginon, Chairman-CEO of GL events Group, commented:
“GL events closes 2025 with a remarkable performance, confirming the strength of our strategic vision and the proven resilience of our responsible business model. This achievement would not have been possible without the dedication and talent of our teams. In an international environment marked by heightened volatility, they demonstrated outstanding agility and determination, delivering sustainable, well-managed growth.
The fourth quarter of 2025 perfectly highlights the combined strength of our three business segments and our ability to capture the most attractive opportunities, thereby creating value for all our stakeholders. The Mega Events, whose impact was significant and in line with expectations, further strengthened our leadership in the organization of major events. With 55% of our business generated internationally, our development model demonstrates our capacity to design and deliver events for all audiences, across all geographies. At the same time, we continue to deploy sustainable models in the management and operation of major event venues, contributing to the socio-economic development of the regions in which we operate.
With the CARAC Group as a shareholder in the Stade de France operating company, we are partnering with a long-term investor whose complementary expertise will contribute to the project’s success and to the stature of this iconic infrastructure.
Despite an unstable geopolitical environment, and in line with our strategic vision, we enter 2026 well positioned to sustain our organic growth trajectory, supported by demonstrated operational excellence and a strong, well-balanced portfolio. ”
GL EVENTS LIVE demonstrates the resilience of its business model in 2025, with annual revenue of €968.8m (approximately RMB 7.934 billion), 62% of which was generated internationally. The division confirmed its strong rebound in the fourth quarter, supported by several Mega Events, notably World Expo Osaka, the first key milestones for the Milano Cortina 2026 Winter Olympic Games, and the engineering and sourcing studies for the Aichi–Nagoya 2026 Asian Games and Asian Para Games.
2025 was also marked by a series of flagship events delivered by GL events, including Equita, the Saut Hermès, the Paris International Agricultural Show (SIA), Maison&Objet, MIPIM, and fashion shows for
the Christian Dior, Louis Vuitton, and Yves Saint Laurent fashion houses. Internationally, GL events further strengthened its global footprint through high-profile projects such as the British Grand Prix at Silverstone, the 6 Hours of São Paulo, the FIFA Club World Cup hosted at Cincinnati FC, the new stands at Aston Villa’s stadium, and the Monaco Yacht Show.
GL EVENTS EXHIBITIONS delivered exceptional growth of 41.5% in 2025, driven by a strong biennial cycle, lifting the division’s revenue to €238.1m (approximately RMB 1.951 billion). In Q4 2025, the division posted a robust performance, with revenue surging 49% to €43.8m (approximately RMB 0.359 billion), compared with €29.4m in Q4 2024. This growth was supported by events such as Paris Games Week, SEPEM Industries Angers, Prod&Pack Lyon, Paysalia Lyon, as well as Fashion Source Autumn in Shenzhen. The 2025 performance was underpinned by flagship events in France, which accounted for 52% of segment revenue, particularly in the regions, where SIRHA Lyon, Global Industrie Lyon, and CFIA Rennes made a significant contribution to momentum. Internationally, the division recorded the success of Expomin in Chile and the CACLP Exhibition in China. 2025 also saw the continued expansion of specialised medical congresses, including the Joint Congress of Visceral and Digestive Surgery in France and the Shoulder and Elbow Surgery Congress in the Netherlands. Geographic diversification continued through strategic events such as Estetika in Brazil, SIRHA Arabia in Riyadh, and Tranoï Tokyo Autumn, confirming the international expansion of the portfolio.
GL EVENTS VENUES closed the 2025 financial year with revenue of €514.1m (approximately RMB 4.211 billion), representing strong growth of 16.2%, primarily driven by operations in France, Europe, and Brazil. In the fourth quarter, the Venues division delivered solid growth of 32%, with revenue reaching €163.1m (approximately RMB 1.336 billion), compared with €123.5m in Q4 2024.
In France, in addition to the first events hosted at the Stade de France, activity remained buoyant in the regions—Lyon (Motor Show), Marseille (Trade Fair), Clermont-Ferrand (Livestock Summit), and Metz (WorldSkills Grand Est)—while activity in Paris declined, particularly in the corporate events segment.
The successful commencement of operations at the Stade de France demonstrates the Group’s ability to operate iconic venues of global stature. 2025 was also marked by the successful rollout of the Group’s activities and operating model at Parc Chanot in Marseille.
The acquisition of the regional venue management business and Salle Pleyel in Paris from Fimalac Entertainment is in the final stages of review by the French Competition Authority. The Group is now awaiting the Authority’s decision to complete the transaction.
Internationally, growth was driven by venues in The Hague (hosting the NATO Summit), Aichi, and, in particular, South America, with Rio de Janeiro, Santiago de Chile, and São Paulo hosting major events such as Web Summit Rio, IFSO, and Feicon Batimat São Paulo. Innovation was reflected in a range of diversified projects, including a Netflix television production at the Lingotto, opening up the Group’s venues business to the hosting of audiovisual productions.
*Based on the Bank of China's (BOC) middle exchange rate on January 23, 2025