Report
Jerôme Bodin

Lagardère : Postview T1 2020: ajustement en baisse de nos attentes avec une tendance difficile en Travel Retail

>Une tendance difficile et important effort de variabilisation des charges - Lagardère a tenu jeudi sa conférence téléphonique suite à la publication d'un CA T1 légèrement supérieur à notre attente. Le groupe a apporté des précisions sur son programme d’économie de coûts chez Travel Retail avec notamment une variabilisation des miniums garantis. Nos attentes sont revues en baisse sous l’effet d’une reprise qui devrait être plus lente que nous ne l’attendions dans le t...
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
Jerôme Bodin

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