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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>.

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