Louis Hachette Group: 10% increase in sales by 2024

(CercleFinance.com) - Louis Hachette Group reports sales of 9.
2 MdsE for fiscal year 2024, up 10% on the previous year.

At the same time, EBITA was up 4% to 510 ME, while FCF was up 153 ME to 421 ME. On the other hand, net income - Group share came out at 13 ME, more than divided by 3 compared with the previous year (45 ME).

On an adjusted basis, net income (Group share) came to MEUR 173 (compared with MEUR 164 a year earlier).

Net debt came to MEUR 1,826, down MEUR 381.

By combining the activities of Lagardère and Prisma Media, Louis Hachette Group brings together world leaders in publishing, travel retail and media. The Group's remarkable performance, in its first financial publication following its listing on Euronext Growth Paris on December 16, confirms the relevance of its strategic model and its ability to pursue its development", commented Jean-Christophe Thiery, Chairman and CEO of Louis Hachette Group.

Following what it considers to be "solid performances in 2024", Louis Hachette Group is confident in the ability of its businesses to consolidate their leading positions in their respective markets.

In addition, the Group again plans to distribute at least 85% of the dividends received as a controlling shareholder of Lagardère SA and sole shareholder of Prisma Media.


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