Lagardere SA
XMUN:LAG
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
L
|
Lagardere SA
XMUN:LAG
|
FR |
|
L
|
Leonardo SpA
DUS:FMNB
|
IT |
|
Hexagon Purus ASA
OTC:HPURF
|
NO |
|
P
|
Pasifik Eurasia Lojistik Dis Ticaret AS
IST:PASEU.E
|
TR |
|
Sa Sa International Holdings Ltd
F:SSW
|
HK |
|
K
|
Kerry Group PLC
F:KRZ
|
IE |
Lagardere SA
Lagardere SA is a French group built around two main businesses: book publishing and travel retail. Through Hachette, it publishes and distributes books, including fiction, nonfiction, children’s books, textbooks, and digital formats. Through Lagardere Travel Retail, it runs bookstores, newsstands, convenience stores, and food outlets in airports, train stations, and other travel hubs. Its customers are readers, students, travelers, and the owners of the spaces where it operates, such as airports and rail operators. The company makes money by selling books and related content, earning royalties from authors and rights holders, and collecting sales from its retail locations. In travel retail, it often pays for the right to operate in a location and then earns from what passengers buy inside those sites. What makes Lagardere different is that it sits in two very different parts of the value chain. In publishing, it owns and markets intellectual property that can be sold in many formats and languages. In travel retail, it focuses on high-traffic, location-based retail where convenience matters more than brand loyalty, giving it a business that mixes long-lived content ownership with concession-based consumer sales.
Lagardere SA is a French group built around two main businesses: book publishing and travel retail. Through Hachette, it publishes and distributes books, including fiction, nonfiction, children’s books, textbooks, and digital formats. Through Lagardere Travel Retail, it runs bookstores, newsstands, convenience stores, and food outlets in airports, train stations, and other travel hubs.
Its customers are readers, students, travelers, and the owners of the spaces where it operates, such as airports and rail operators. The company makes money by selling books and related content, earning royalties from authors and rights holders, and collecting sales from its retail locations. In travel retail, it often pays for the right to operate in a location and then earns from what passengers buy inside those sites.
What makes Lagardere different is that it sits in two very different parts of the value chain. In publishing, it owns and markets intellectual property that can be sold in many formats and languages. In travel retail, it focuses on high-traffic, location-based retail where convenience matters more than brand loyalty, giving it a business that mixes long-lived content ownership with concession-based consumer sales.
Revenue Growth: Group revenue for Q3 2022 reached EUR 1.9 billion, up 35.5% year-on-year, with like-for-like growth of 27.7%.
Travel Retail Recovery: Lagardère Travel Retail revenue soared 53.8% like-for-like, nearly reaching pre-pandemic levels thanks to strong summer travel demand.
Publishing Resilience: Lagardère Publishing grew 3.6% like-for-like, driven by bestsellers and international markets, though cost inflation is pressuring margins.
Outlook Slightly Improved: The group slightly raised its overall 2022 outlook, citing Travel Retail’s strong performance, though expects Publishing margins near 11% due to inflation.
Cost Control: Ongoing cost reduction efforts are expected to yield EUR 35 million in savings in 2022.
M&A Interest: Management confirmed interest in acquiring Simon & Schuster if it becomes available for sale.
