Lagardere has released reassuring Q1-23 results. The company reported revenue of €1,675bn, representing a 28% increase on a reported basis and a 24% increase like-for-like. The significant growth was mainly driven by the Travel Retail segment, which experienced substantial growth to €1,046bn, representing a 51% increase on a reported basis. The Publishing segment increased to €570m, up 3% on a reported basis.

19 Apr 2023
Travel retail driven Q1

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Travel retail driven Q1
- Published:
19 Apr 2023 -
Author:
Mickael Daponte -
Pages:
3 -
Lagardere has released reassuring Q1-23 results. The company reported revenue of €1,675bn, representing a 28% increase on a reported basis and a 24% increase like-for-like. The significant growth was mainly driven by the Travel Retail segment, which experienced substantial growth to €1,046bn, representing a 51% increase on a reported basis. The Publishing segment increased to €570m, up 3% on a reported basis.