Lagardere : What can we expect from Q4, 2018 and 2019? Update on our estimates
>Update to our 2018 and 2019 estimates - We are providing an update on our estimates with the Q4 revenues due for publication on 7 February. The group will then publish its earnings on 13 March. We forecast EBIT of € 401m in 2018, i.e. a performance in the middle of the guidance range. We forecast EBIT growth in 2019 (€ 409m) with a small rebound in activity at publishing and M&A which should be more or less balanced out (HBF positive and disposals announced at Active...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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