Lagardere : Résultats 2021 results a shade above expectations, resumption of the dividend
>2021 annual results slightly higher than expected thanks to travel retail - Lagardère this morning reported 2021 results that beat our forecasts with EBIT of € 249m whereas we looked for € 201m. The main difference with our forecasts stemmed from Lagardère Travel Retail. The group is proposing a dividend of € 0.5 / share, which had been cut since the Covid-19 crisis. The group is holding a conference call this morning at 10.00am. Note that Vivendi is set to launch a ...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.
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