on LAGARDERE (EPA:MMB)
Lagardère Group Reports Strong First-Half 2025 Results
In the first half of 2025, Lagardère Group achieved a consolidated revenue of €4,351 million, marking a 3.8% increase compared to the previous year. This growth was supported by a 3% like-for-like increase in revenue across its business segments. Notably, Lagardère Travel Retail experienced a 4% rise in revenue due to its strong performance in Europe and North America, contributing to an all-time high recurring EBIT of €225 million for the group.
Lagardère Publishing saw revenue growth of 1%, bolstered by successful English language titles and strong board game sales. Additionally, Lagardère Live improved its financial results, aided by cost reduction measures, leading to a 3% revenue increase on a like-for-like basis.
The group's deleveraging efforts continue, with net debt decreasing by €259 million from the previous year. This was facilitated by robust cash generation and strategic refinancing activities, including the issuance of €500 million in bonds.
R. P.
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