Report
Carole Braudeau

Lagardere : Game, set and match

The 2021 results were broadly in line with expectations, marking a turnaround in profitability (historic operating profit for Lagardère Publishing and a strong improvement at Travel Retail). However, visibility is still weak on the pace and scale of the recovery in air traffic, which has led management to be cautious in its outlook for 2022.  - Beyond the figures, it is above all Vivendi's takeover bid that will dominate the news in the coming weeks. The launch is scheduled for 14 ...
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
Carole Braudeau

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