First-quarter 2025 revenue

Lagardère: sustained revenue growth in the first quarter of 2025 (up 5.1%)

Lagardère Publishing

Revenue up 8.0%

thanks to solid momentum in all geographic areas,

especially the United Kingdom

Lagardère Travel Retail

Continued revenue growth (up 4.7%)

versus a high comparison basis in 2024

and despite the anticipated decline in North Asia

“In the first quarter of 2025, the Lagardère group posted sustained revenue growth of more than 4% on a like-for-like basis, driven by all of its businesses. Lagardère Publishing had a good first quarter, with growth in all geographic areas – especially the United Kingdom – lifted by bestsellers and the Board Games business, which is continuing to expand. Lagardère Travel Retail also recorded revenue growth in all regions, with the exception of North Asia, where our teams are carrying out major reorganisation work. Lastly, Other Activities maintained its recovery, with revenue up by around 4%, thanks in particular to continued growth in audience figures at Europe 1.”  

Arnaud Lagardère, Chairman and Chief Executive Officer, Lagardère SA

REVENUE

Revenue for the Lagardère group totalled €1,978 million for the first quarter of 2025, up 5.1% as reported and up 4.1% like for like.

The difference between reported and like-for-like revenue is attributable to a €2 million positive scope effect in connection with the acquisition of Sterling Publishing in November 2024, offset by the sale of Paris Match in October 2024, and a €15 million positive currency effect, linked mainly to the appreciation of the US dollar, the pound sterling and the Polish zloty compared with the first quarter of 2024.

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Created in 1992, Lagardère is an international group with operations in more than 45 countries worldwide. It employs over 33,000 people and generated revenue of €8,942 million in 2024.
The Group focuses on two priority divisions: Lagardère Publishing (Books, Partworks, Board Games and Premium Stationery) and Lagardère Travel Retail (Travel Essentials, Duty Free & Fashion, Dining).
The Group’s business scope also comprises Lagardère News (Le Journal du Dimanche, Le JDNews, Le JDMag and the Elle brand licence), Lagardère Radio (Europe 1, Europe 2, RFM and advertising sales brokerage, controlled by Arnaud Lagardère but whose capital is wholly owned by the Group and consolidated in its financial statements), Lagardère Live Entertainment (venue management, production of concerts and shows, hosting and local promotional services) and Lagardère Paris Racing (sports club).
Lagardère shares are listed on Euronext Paris.
www.lagardere.com

Important notice:
Some of the statements contained in this document are not historical facts but are rather statements of future expectations, estimates, plans, objectives, future events and other forward-looking statements that are based on management’s beliefs. These statements reflect such views and assumptions prevailing as of the date of the statements. No undue reliance should be placed on such forward-looking statements, which by nature involve known and unknown risks and uncertainties that could cause future results, performance or achievements to differ materially from those expressed or implied in such statements.
Please refer to the most recent Universal Registration Document filed in French by Lagardère SA with the Autorité des marchés financiers for additional information in relation to such factors, risks and uncertainties.
Lagardère SA has no intention and is under no obligation to update or review the forward-looking statements referred to above to reflect new information, circumstances, future events or otherwise, except as required by applicable laws and regulations. Consequently, Lagardère SA accepts no liability for any consequences arising from the use of any of the above statements. This press release does not constitute a solicitation to buy or sell Lagardère shares or, more generally, to trade in Lagardère shares.