Half Year 2025 Lagardere SA Earnings Call Transcript

Jul 24, 2025 / 04:00 PM GMT

Release Date Price: $22.68

Transcript

Key Points

Positve

Lagardere SA (LGDDF) reported a solid growth with an all-time high EBITA of €220 million, reflecting strong performance across all activities.
The company achieved a significant reduction in net debt by €483 million, bringing it below €2 billion, thanks to strong cash generation and successful refinancing operations.
Publishing revenue increased by 3%, driven by strong momentum in English-speaking markets, particularly in the UK and US.
Travel retail revenue grew by 7%, excluding North America restructuring effects, with notable success in new duty-free operations in Amsterdam.
The company successfully issued a €100 million 5-year bond, which was more than three times oversubscribed, demonstrating investor confidence.

Negative

Publishing sales in Spain, Mexico, and France faced declines due to various factors, including the end of a curricular reform in Spain and less vibrant release schedules in France.
North Asia travel retail revenue declined by close to 30% due to business rationalization and store closures.
Prima Media's revenue decreased by 2%, impacted by a shrinking press market and changes in digital usage leading to lower online advertising revenues.
The weakening of the USD against the EUR is expected to negatively impact group revenues by approximately €100 million and EBITA by €10 million for the year.
Lagardere Live, despite improvements, still reported a loss of €1 million, although it showed an €18 million improvement year-on-year.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

LAGA.PA - Lagardere SA
Half Year 2025 Lagardere SA Earnings Call
Jul 24, 2025 / 04:00PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Hello ladies and gentlemen, thank you for joining us this evening to Louis Hachette Group 2025 1st half results. I'm Emmanuel Rapa, head of financial communication, and I will be guiding you through this presentation.

We will present the Louis Hachette group results and those of Lagarda that are of course embedded.

Nevertheless, if you want to focus only on the Lagua Group performance, you can find them on the press release as well as the slides that relate to Lagardai on the dedicated website.

This call is led today by Jean Christophe Thierry, Chairman and CEO of Louis Hachette Group, and Gregori Casan, deputy CEO of Louis Hachette Group and LaGuardia Group.

Joining us for this presentation are Pauline

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

30-Day 100% money back guarantee

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.