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G events PRESS RELEASE / LYON , 22 JULY 2021 H1 2021 RESULTS IMPACTED BY THE HEALTH CRISIS UPTURN IN CHINA CASH POSITION STRENGTHENED GL EVENTS ( ISIN : FR0000066672 - TICKER : GLO ) , THE INTEGRATED EVENT INDUSTRY GROUP , ANNOUNCES ITS 2021 FIRST - HALF RESULTS . The interim financial statements for the 2021 first half were approved by GL events ' Board of Directors on 22 July 2021. The auditors have completed their limited audit review and their report is in the process of being issued . Olivier Ginon , Chairman - CEO of GL events , commented : " The Group continued to demonstrate its resilience and ability to adapt in the first six months of 2021. In addition to implementing efficient health protocols , in China we exceeded levels of business reached in 2019 and continued to adapt our service offerings in Europe where business resumed in June . We have also continued adapt our financial structure . Our cost reduction efforts , the optimization of business assets through equity partnerships and government relief measures allowed us to reinforce our cash position at 30 June 2021 . In France , the announcements by the French President concerning the " health pass " represent an opportunity for our businesses . They strengthen the outlook for a recovery by our businesses with the end of restrictions on the size of public gatherings . I would like to thank our employees for their exemplary behaviour since the beginning of this crisis and all our partners who remain faithful to the Group . " 30/06/2021 In € m Revenue EBITDA ( 1 ) EBITDA margin ( % ) 30/06/2021 30/06/2020 pre - IFRS 16 30/06/2020 pre - IFRS 16 209.8 22.2 266.8 209.8 266.8 10.6 % 3.0 1.1 % -2.4 -21.5 -1.2 % -8.1 % Current operating income -23.7 -43.0 -28.0 -46.7 Current operating margin ( % ) -11.3 % -16.1 % -13.3 % -17.5 % Net income -29.3 -34.2 -27.7 -32.8 Net income attributable to Group -31.4 -31.5 -30.1 -30.4 shareholders Net margin -15.0 % -11.8 % -14.4 % -11.4 % ( 1 ) : Definitions are provided at the end of the press release . At 30 June 2021 , revenue for the first six months reached € 209.8 million , continuing to be impacted by the health crisis ( -21.4 % from one year earlier ) . The second quarter achieved growth of nearly 118 % in relation to Q1 2021 , highlighting the gradual recovery of business within an improving health situation in the first half . GL EVENTS / H1 2021 RESULTS / PAGE 1/5