Annual report 2001 - GL events

Evolution of net sales : + 9.8 %
Erick ROSTAGNAT
113
130
146
214
235
“2001 net sales show a 9.8% increase, a performance
worth underlying considering the difficult economic
situation and taking into account the strong impact
the Sydney Olympic Games had on the year 2000.”
1997 1998 1999 2000 2001
Net sales (in M€)
Client’s international activity
15%
8
1997
10%
14
15%
22
23%
48
23%
55
1998 1999 2000 2001
International net sales (in M€)
% International net sales / total net sales
“The volume of activity realized at the international
is the most significant. Indeed it maintains itself at 23%
of net sales without including the extraordinary events
mentioned above, with especially an expansion in
Belgium and Great Britain as well as the opening of our
subsidiary in the United States of America.”
Evolution of net sales from international activities (excluding
Sydney impact and with constant scope) : + 30% in 2001
Net consolidated group profit/(loss) and consolidated net earning’s per share
0.24
2.7
1997
0.39
3.4
0.43
4.9
0.71
8.5
0.77
9.2
1998 1999 2000 2001
Net consolitaded group income (M€)
Consolitaded net eamings per shere (in €)
Strong investment capacity for the years to come
“Net group profit represents 3.91% of net sales,
therefore a stable net margin compared to 2000 (3.95%).
Net earnings per share is in progression compared
to previous year, going from € 0.71 to € 0.77 per share,
or +9%.”
(Result for 2000 excluding Paris Expo capital gain
and the effect due to the deconsolidation of Spain and
Morocco).)
157%
Gearing
97%
93%
57%
22%
1997 1998 1999 2000 2001
“Gearing is at 57%. The one for 2000 was exceptional
due to Paris expo capital gain.
This situation clearly demonstrates our investment
capacity for the future.”