Lagardere : Publishing activity a support in Q3 but watch out, Q4 set to be tough
>A better Q3 but a cautious message on Q4 - Lagardère this morning published Q3 sales that beat our forecasts with a good performance from Lagardère Publishing particularly in English-speaking countries (success of Stephenie Meyer’s latest book). The message on Q4 is naturally cautious given the new lockdown restrictions. The group is to hold a conference call at 10.00 a.m. which should provide an opportunity to give an update on Q4 and the prospects of a change to th...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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