Annual report 2001 - GL events
Annual report 2001 - GL events
Annual report 2001 - GL events
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4<br />
Evolution by market<br />
In <strong>2001</strong>, the <strong>events</strong> market experienced a slow-down in its<br />
activity as a result of the absence of major world <strong>events</strong><br />
and of the reduction of certain <strong>events</strong> budgets after the<br />
years just before and after the turn of the new century<br />
during which companies, states and local organizations<br />
strongly invested.<br />
The evolution in each of the business sectors during the<br />
past four years is as follows :<br />
1998 1999 2000 <strong>2001</strong><br />
Events 22 % 26 % 33 % 28 %<br />
Exhibitions / Shows 70 % 66 % 57 % 59 %<br />
Fittings / Museum fittings 8 % 8 % 10 % 13 %<br />
Total 100 % 100 % 100 % 100 %<br />
In the world of Shows and Exhibitions, Générale Location<br />
maintains and reinforces its position in France especially<br />
when it comes to general installation for exhibitions,<br />
rental of furniture and all the services related to these<br />
activities. Major contracts were signed or renewed with<br />
the principal organizers (Reed Exhibition, Première Vision,<br />
Comexpo).<br />
Evolution by geographical area<br />
The breakdown is as follows :<br />
1998 1999 2000 <strong>2001</strong><br />
K€ K€ K€ K€<br />
Foreign subsidiaries 6 491 6 577 32 900 32 474<br />
French companies engaged<br />
in international activities 7 112 15 028 15 564 22 795<br />
International total 13 603 10% 21 605 15% 48 464 23% 55 269 23%<br />
Activities in France 116 393 90% 125 049 85% 165 618 77% 179 774 77%<br />
Total 129 996 146 654 214 083 235 043<br />
In <strong>2001</strong>, Générale Location acquired Owen Brown, a<br />
British company created in 1913 operating in the world of<br />
installation and rental of temporary structures mainly<br />
dedicated to the <strong>events</strong> market.<br />
Moreover, Générale Location created three companies :<br />
- <strong>GL</strong> USA, first in order to manage the contract of Salt<br />
Lake City Olympic Games, and then to support the Group’s<br />
development and to accompany French and European<br />
clients in their operations in the United States of America,<br />
Europe<br />
- <strong>GL</strong> Europe Holding BV, the company which acquired<br />
Owen Brown shares,<br />
- <strong>GL</strong> Convenciones Barcelona, a company created with the<br />
mission to manage the International Convention Center of<br />
Barcelona.<br />
Générale Location is thus at 31 Decembre <strong>2001</strong> directly<br />
present in the following countries :<br />
Other continents<br />
● Germany ● Portugal ● Malaysia ● Hong Kong<br />
● United Kingdom ● Italy ● United Arab Emirates ● Japan<br />
● Belgium ● Spain ● Australia ● United States<br />
Net sales generated by the international activities increase by 14% and come to 55.3 m€ in <strong>2001</strong>.