Lagardère, which had reported in February €7,193m consolidated revenues, up 0.3% on a reported basis and +3% organic, published a FY15 recurring EBIT of €378m (+10.5% or +€36m mainly driven by Sports: +€16m and Active: +€6m), in line with our expectations and reflecting a 5.3% margin compared with 4.8% a year earlier. Adjusted net profit reached €240m (AV: €234m) and satisfactorily reported cash flow from operations at €627m up €273m from FY
14 Mar 2016
Full-year 2015 results overshadowed by Dominique D'Hinnin's departure...
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Full-year 2015 results overshadowed by Dominique D'Hinnin's departure...
Lagardere SA (MMB:PAR) | 0 0 0.8% | Mkt Cap: 3,246m
- Published:
14 Mar 2016 -
Author:
Véronique Cabioc'h -
Pages:
3
Lagardère, which had reported in February €7,193m consolidated revenues, up 0.3% on a reported basis and +3% organic, published a FY15 recurring EBIT of €378m (+10.5% or +€36m mainly driven by Sports: +€16m and Active: +€6m), in line with our expectations and reflecting a 5.3% margin compared with 4.8% a year earlier. Adjusted net profit reached €240m (AV: €234m) and satisfactorily reported cash flow from operations at €627m up €273m from FY