GL Events Announces Consolidated Earnings Results for the First Half Ended June 30, 2019; Confirms Earnings Guidance for the Year 2019
GL Events announced consolidated earnings results for the first half ended June 30, 2019. For the first half, the company reported revenue of 595.9 million compared to 545.0 million a year ago. Net income attributable to the shareholders was 30.4 million compared to 22.5 million a year ago. Earnings per share was 1.02 against 0.96 a year ago.
The company confirms its guidance for annual 2019 growth in revenue above 10% (based on exchange rates equivalent to H1 2019) and an improvement in profitability.