Lagardère reported Q3 organic revenues growth of +4.1%, driven by its two strategic segments (Publishing and Travel Retail), i.e. a sound +5.7% (target scope: +4.9%) for the 9 months period. The group also reiterated its recurring EBIT growth guidance of 4-6% at CER, based on the target scope. An in line trading statement with no major changes anticipated to our forecasts.
07 Nov 2019
Sound Q3 19 organic revenue trends for the target scope
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Sound Q3 19 organic revenue trends for the target scope
Lagardere SA (MMB:PAR) | 0 0 0.8% | Mkt Cap: 3,246m
- Published:
07 Nov 2019 -
Author:
Véronique Cabioc'h -
Pages:
3
Lagardère reported Q3 organic revenues growth of +4.1%, driven by its two strategic segments (Publishing and Travel Retail), i.e. a sound +5.7% (target scope: +4.9%) for the 9 months period. The group also reiterated its recurring EBIT growth guidance of 4-6% at CER, based on the target scope. An in line trading statement with no major changes anticipated to our forecasts.