Lagardère has reported Q3 revenues of €1,976m, positively up 6.1% on an organic basis (+7% on a reported basis after +2.7% coming from perimeter impact and -1.4% from forex). The 9 months total revenues were up by 5% to €5,407m (+€257m), of which +2.5% organically. The group reiterated its FY16 guidance for recurring EBIT to be slightly above 10% compared to FY15 at CER excluding any impact from the Distribution activities’ disposals.
10 Nov 2016
So far so good
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So far so good
Lagardere SA (MMB:PAR) | 0 0 0.8% | Mkt Cap: 3,246m
- Published:
10 Nov 2016 -
Author:
Véronique Cabioc'h -
Pages:
3
Lagardère has reported Q3 revenues of €1,976m, positively up 6.1% on an organic basis (+7% on a reported basis after +2.7% coming from perimeter impact and -1.4% from forex). The 9 months total revenues were up by 5% to €5,407m (+€257m), of which +2.5% organically. The group reiterated its FY16 guidance for recurring EBIT to be slightly above 10% compared to FY15 at CER excluding any impact from the Distribution activities’ disposals.