Lagardère Holds Firm Due on Its Diversified Business Base in a Global Economic Environment That Has Been Destabilised by the Impacts of the Covid-19 Pandemic
(World News Cezch Republic)

Lagardère Holds Firm Due on Its Diversified Business Base in a Global Economic Environment That Has Been Destabilised by the Impacts of the Covid-19 Pandemic 30 Jul 2020 17:35 CEST Company Name LAGARDERE S.C.A. ISN FR0000130213 Market Euronext Symbol MMB Group revenue down 38%(1) to €2,088 million; negative Group recurring EBIT of €218 million Resilient performance by Lagardère Publishing: revenue retreating only 8%(1) to €971 million; recurring EBIT of €27 million Lagardère Travel Retail: revenue down 55%(1) to €947 million and negative recurring EBIT of €209 million due to the sharp contraction in global air traffic Negative free cash flow (excluding changes in working capital) of €242...