Report
Carole Braudeau

Lagardere : Publication of the financial statements of LCM, Arnaud Lagardère's holding company

Lagardère Capital & Management (LCM) has published its 2019 financial statements. The information contained in the report does not reassure us about LCM's financial position and leaves us somewhat circumspect about accounting practices. - We maintain our Reduce recommendation on the name. - - >On 11 August 2020, Lagardère Capital & Management (LCM) registered its 2019 financial statements with the Paris business court. It therefore decided to comply with the decision o...
Underlying
Lagardere SCA

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Carole Braudeau

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