Lagardère: 3.3% like-for-like growth in 2018 revenue

(CercleFinance.com) - Lagardère has announced FY 2018 sales of 7,258 million euros, up 3.
3% like-for-like and up 2.5% on a consolidated basis, mainly due to a negative currency effect.

This growth momentum is supported by the solid performance of Lagardère
Travel Retail and comes despite a sluggish business schedule for
Lagardère Publishing and Lagardère Sports and Entertainment.

For 2018, Lagardère has confirmed its target for between 1% and 3%
growth in recurring EBIT, at constant exchange rates, excluding the
impact of the disposal of Lagardère Active and the acquisition of HBF by
Lagardère Travel Retail, i.e. between 397 million and 405 million euros.



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