Lagardere : A good Q1 buoyed by publishing activity, no details on developments regarding limited partnership status
>Conference call at 10.00 a.m. - Lagardère this morning reported Q1 2021 revenues ahead of expectations, coming in at € 905m (ODDO BHF € 864m, consensus at € 878m). Organic growth at Lagardère Publishing was particularly strong at 14%, confirming the excellent momentum in general literature sales at present. The group will hold a conference call to review the operational trend in Q2 and changes in the structure. The group confirms that it is considering the limited sh...Lagardere Groupe is a holding company. Through its subsidiaries, Co. is engaged in the media industry (news, education, culture and entertainment businesses). Co.'s main activities in the media industry can be divided into four separate divisions. Lagardere Publishing includes Co.'s Book Publishing and e-Publishing businesses. Lagardere Active encompasses Co.'s Magazine Publishing, Audiovisual (Radio, Television, Audiovisual Production), Digital and Advertising Sales Brokerage businesses. Lagardere Services encompasses the Travel Retail and Distribution businesses. Lagardere Unlimited specializes in sports and entertainment.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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