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2018 challenges

Chairman and Chief Executive
Officer of Lagardère Travel Retail

What were the key highlights for Lagardère Travel Retail in 2017?

Overall momentum was excellent in 2017. Lagardère Travel Retail's flagship Relay and Aelia Duty Free concepts notched up particularly remarkable performances driven by significant growth in air traffic and numerous initiatives to boost margins and efficiency.

Lagardère Travel Retail also continued to grow in a very competitive market, winning numerous tenders on five continents in Travel Essentials, Duty Free & Fashion and Foodservice.

What are your challenges and priorities for 2018?

We need to build on our early successes in new markets, including Switzerland, Senegal and Hong Kong, where operations have now begun.

We also want to continue our strategy of conquest by strengthening our Retail expertise and our operational excellence, notably through best-in-class employee training.

We also hope to reinforce our profitable growth and generate the financial leverage to keep up the pace. This is particularly the case in Foodservice, where we are expanding rapidly in France and in other countries. With this in mind, strengthening our brand portfolio is a priority.

We also need to secure our large concession agreements while continuing to win new tenders, all over the world.

Lastly, we are committed to accelerating innovation in concepts, products and services.

The group's key figures

The group's financial results demonstrate Lagardère's stability. Net sales, earnings before interest and tax, employees: access financial information about the group and its subsidiaries.

The Group's brands

All companies and brand