Lagardere : Good Q3 revenues driven by two strategic assets
>Q3 revenues higher than forecast - This morning, Lagardère reported Q3 revenues just higher than our forecasts (Q3 revenues of € 2,000m vs € 1,947m forecast). The two notable points are the good performance from Lagardère TR which did not show a slowdown (+6.3% organic) and, especially, the better-than-expected showing from Lagardère Publishing, with a very positive contribution from the school reform in France and Spain. The group is to hold a conference all at 10 a...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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