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GL events, the integrated event industry group, Lyon, announced revenue of € 219.3 million for the first quarter of 2014, up 2.1 % from the same period last year. At constant exchange rates, revenue grew 5.4 %, marginally surpassing previously announced guidance for annual growth of approximately 4 % for the whole of 2014 (constant exchange rates). This quarterly performance is all the more satisfactory for a year without the Lyon edition of Sirha, the biennial world hospitality and food service event, which generated revenue in the first quarter of 2013 of € 20 million. Group teams will be deployed at all World Football Cup host cities with contracts signed for VIP hospitality services, temporary installations for certain stadiums, press facilities and hospitality services for sponsors. The base in Turkey has confirmed its status as regional hub by achieving another quarter of growth, up 69 % in local currency. Operations in Hungary, also showing for ward momentum with 38 % growth for the quarter (constant exchange rates), are on track with their roadmap for a successful turnaround. Again in Europe, sales revenue for Spain and the UK have shown significant growth following a decline in 2013. The group has also reaped the first benefits from the opening as from January 1, 2014, of the temporary exhibition park in Sydney. (ank) www.gl-events.com
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