PARIS (dpa-AFX) - French conglomerate Lagardere SCA (LGDDF.PK) reported that
its profit attributable to owners of the parent for fiscal year 2023 declined to
144 million euros or 1.01 euros per share from 161 million euros or 1.14 euros
per share last year.

Adjusted profit - Group share was 252 million euros, compared to 265 million
euros in 2022.

Revenue was 8.08 billion euros, up 16.6% from the prior year, while it was up
14.0% year on year on a like-for-like basis. The 242 million euros positive
scope effect was mainly due to the acquisitions of Marche International, Costa
Coffee Poland and Tastes on the Fly at Lagardere Travel Retail, as well as the
acquisition of Welbeck Publishing and the consolidation of Ivory Coast
subsidiary NEI-CEDA at Lagardere Publishing.

The company said its board has decided to propose to the Annual General Meeting
of 25 April 2024 to approve an ordinary dividend of 0.65 euros per share for
2023 to take into account the active investment policy and in an effort to
reduce the Group's net debt.

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