25.04.2024 14:55:39 - dpa-AFX: Lagardere Q1 Revenue Climbs

PARIS (dpa-AFX) - Lagardere SA (LGDDF.PK), a French travel and publishing
firm, on Thursday reported that its first-quarter revenue totaled 1.88 billion
euros, up 12.4 percent from last year's 1.68 billion euros. Sales grew 8.9
percent on a like for like basis.

The company recorded solid performance of its divisions at the start of the
year. Lagardere Publishing revenues grew 1.1 percent from last year to 576
million euros. Lagardere Travel Retail revenues went up 18.7 percent to 1.24
billion euros.

Arnaud Lagardere, Chairman and Chief Executive Officer, said, 'In the first
quarter of 2024, the Lagardère group recorded growth of 8.9 percent,
illustrating the solid performance of our divisions at the start of the year.
With global air traffic having returned to pre-pandemic levels, Lagardère Travel
Retail delivered an increase in revenue in the majority of its operating
regions, confirming its growth model.'

In Paris, Lagardere shares were trading at 20.70 euros, up 0.98%.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
LAGARDERE NOM. EO 6,10 866786 Frankfurt 21,000 24.05.24 17:20:01 -0,400 -1,87% 0,000 0,000 21,100 21,000

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