GL events Reports Consolidated Revenue Results for the Second Quarter and First Half Year Ended June 30, 2013; Confirms Consolidated Revenue Guidance for the Second Half Year and Full Year of 2013; Provides Net Debt Guidance as at June 30, 2013
Based on this second-quarter performance, revenue for the first half came to EUR 432.2 million, remaining steady overall in relation to the prior
year.
The group will continue to implement its capital investment programme, particularly in Brazil. The group furthermore registered an unfavourable
seasonal effect on WCR (Confederations Cup) at June 30, 2013. This resulted in a marginal increase in net debt estimated at approximately EUR 245 million at the end of the first half of 2013
Based on the current order book, the group confirmed its target for annual growth in consolidated revenue exceeding 2% for 2013, or more than 4% in the second half.