Lagardere : The situation is more problematic
Last week, Lagardère came under fresh attack by Amber, which wants to replace the board, suspend the dividend for 2019 to preserve cash amid the Covid-19 pandemic and remodel the group’s structure to reallocate savings harnessed from the growth of the Publishing and Travel Retail divisions. - Besides the pressure exerted on management, Lagardère will have a tough year in the Travel Retail division because of airport and station closures in most countries where it operates. This wi...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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