Lagardere : Trend still solid in travel retail, disposals finalised in H2 2019
>Continued refocus on publishing and travel retail - Yesterday, Lagardère held a conference call on its Q4 2018 revenues which were a shade higher than forecast, with a good showing from publishing. The group reiterated its 2018 guidance of EBIT growth of between 1% and 3% at constant currency and excluding disposals from the Lagardère Active division. It also indicated that it had received numerous expressions of interest on all its assets being sold, including TV ch...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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