Lagardere : Continued improvement in trends for travel retail
>Improvement in April for travel retail - Lagardère held a conference call following the publication of its Q1 sales. Our main takeaway is as follows: on the trend in the travel retail business, the management said that April had got off to a good start with an improvement of 3 points vs March. This means that this month is down 19% vs April 2019 (compared with -22% in March). The group was affected by the lockdown in China but this is offset by the performance in the...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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