Business model

A sustainable value creation model

INPUTS AND RESOURCES(1)
HUMAN CAPITAL
  • 34,691 employees
  • 44% of women executives
  • 43% of managers and executives with more than ten years’ service
 FINANCIAL CAPITAL
  • €502 million in business investment
  • €2,163 million in available liquidity
  • Leverage ratio(2) of 2.1
 ENVIRONMENTAL AND
SOCIETAL CAPITAL
  • 319 GWh tertiary power consumption(3)
  • 153 kilotons of paper purchased and supplied
  • 14,203 audiobooks available in the Lagardère Publishing catalogue at year-end

 

BUSINESSES
Lagardère is an international group with operations in more than 40 countries worldwide.
It ranks among the world leaders in publishing (Lagardère Publishing)
and travel retail (Lagardère Travel Retail).

LAGARDÈRE PUBLISHING

  • Books
  • e-Books
  • Mobile Games and
  • Board Games
 LAGARDÈRE TRAVEL RETAIL
  • Travel Essentials
  • Duty Free & Fashion
  • Foodservice
 OTHER ACTIVITIES(4)

 

VALUE CREATION(1)
EMPLOYEE VALUE
  • 15,142 permanent recruitments
  • 291,994 training hours Group‑wide
  • 36% of employees with a portion of variable remuneration
  • 70% of workforce with employee representation
 FINANCIAL
VALUE
  • €7,211 million in revenue
  • €378 million in recurring operating profit of fully consolidated companies
  • €294 million in free cash flow

SOCIETAL AND
ECONOMIC VALUE

  • 97% of paper purchased and supplied certified or recycled
  • 15.6 t CO2 eq of emissions per €m of revenue
  • Lagardère features in six ESG indices
     

(1) Data at 31 December 2019.
(2) Leverage ratio: Net debt/recurring EBITDA.
(3) Oil, gas, electricity and district heating.
(4) Mainly comprising Lagardère News (Paris Match, Le Journal du Dimanche, Europe 1, Virgin Radio, RFM and the Elle brand licence) together with Lagardère Live Entertainment.