Press releases
Lagardère Reports Increase in Sales for First Half of 2000 : +3.0%
Finance
Paris, August 14, 2000
LAGARDÈRE SCA reported consolidated sales of 5,939 million euros for the first half of 2000, an increase of 3.0% over the first half of 1999. After eliminating the effects of exchange rates and changes in the group structure, sales grew by 3.8% over the comparable period.
|
Sales in million euros |
Sales in million French francs |
Variation 00/99 |
Variation 00/99 with comparable data |
|||
|
30.06.00 |
30.06.99 |
30.06.00 |
30.06.99 |
% |
% |
|
|
Lagardère Médias |
3 498 |
3 243 |
22 945 |
21 274 |
7.9 |
3.6 |
|
Aerospatiale Matra |
1 830 |
1 897 |
12 007 |
12 443 |
(3.5) |
6.8 |
|
Automobile |
611 |
628 |
4 004 |
4 117 |
(2.7) |
(2.7) |
|
Others |
0 |
1 |
0 |
5 |
Ns |
Ns |
|
TOTAL |
5 939 |
5 769 |
38 956 |
37 839 |
+ 3.0 |
+ 3.8 |
Sales of “Lagardère Medias” increased by 8.0%, after eliminating the changes in the group structure, over the comparable prior year period. After eliminating the effects of exchange rates –primarily the increased strength of the dollar- this growth amounted to 3.6%.
Within this business, the strongest growth came from the “Audiovisual” division. The “Press”, “Distribution and Services” and “Multimedia Grolier” divisions also experienced growth.
Sales of “Aerospatiale Matra“, after eliminating changes in the group structure, increased over the comparable 1999 period, resulting mainly from growth in the “Space”, “Systems Services and Telecommunications” and “Aeronautics” divisions.
Sales of the “Automobile” business decreased slightly from the first half of 1999, a period during which sales grew significantly (+ 6.4%) over the comparable 1998 period.
Press Contacts:
Thierry Funck-Brentano - Tel. 33 1 40 69 16 34
Financial Information:
Alain Lemarchand
Tel. 33 1 40 69 18 02 - mail : alemarchand@lagardere.fr
Email alert
To receive institutional press releases from the Lagardère group, please complete the following fields:
Register