Lagardere SA/€MMB

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About Lagardere SA

Lagardère SA is a diversified multinational company headquartered in Paris, France, operating primarily in the media and travel retail industries. The company's core business segments include Lagardère Publishing, which is known for its global publishing operations under the Hachette Livre brand, and Lagardère Travel Retail, a major player in travel retailing, offering services in duty-free and duty-paid stores, fashion outlets, and food service concessions across airports and other travel areas. Established by Louis Hachette in 1826 and later evolving through various strategic developments, Lagardère SA has maintained a significant presence across Europe, North America, and Asia. The company's strategic positioning is bolstered by its extensive network in both publishing and travel retail, leveraging strong brand portfolios and a widespread geographic footprint to drive business growth.

Ticker

€MMB

Sector

Communication

Primary listing

PAR

Employees

33,000

Lagardere SA Metrics

BasicAdvanced
€2.7B
12.81
€1.49
0.76
€0.67
3.51%

Bulls say / Bears say

Lagardère achieved a record recurring EBIT of €225 million in H1 2025—up 5.8% year-on-year—while group revenue rose 3.0% like-for-like, reflecting balanced growth across Publishing, Travel Retail, and Live segments (MarketScreener).
The Travel Retail division delivered a record recurring EBIT of €118 million (up 8.3%) and 4.0% like-for-like revenue growth in H1 2025, bolstered by major concession wins at Amsterdam Schiphol and Auckland Airport (MarketScreener).
Net debt was reduced by €259 million to €1.996 billion at June 30, 2025, lowering the leverage ratio to 2.5× (from 3.0× a year earlier), underscoring successful deleveraging backed by strong cash generation (MarketScreener).
Asia-Pacific operations weighed on results in H1 2025, with North Asia revenue plunging 28% and overall APAC down 24%, as the division undergoes store closures and restructuring in key markets (TRBusiness).
Lagardère Publishing’s profitability softened in the first half of 2025, with recurring EBIT declining 6.2% year-on-year to €106 million and like-for-like revenue contracting 1.9% amid weakness in Spain/Latin America and slowing General Literature sales in France (MarketScreener).
Free cash flow fell sharply to €14 million in H1 2025 from €35 million a year earlier, raising concerns over Lagardère’s capacity to fund ongoing capex and acquisitions without pressure on liquidity (Finanzwire).
Data summarised monthly by Lightyear AI. Last updated on 2 Oct 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.

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