- Lagardere’s recurring EBIT for the fiscal year was €593 million, a 14% increase year-over-year, surpassing the estimated €577.3 million.
- Total revenue reached €8.94 billion, up by 11% from the previous year, exceeding the forecasted €8.88 billion.
- Net income was €168 million, marking a 17% rise year-over-year, surpassing estimates of €166.5 million.
- The dividend per share was set at €0.67, slightly above the predicted €0.65.
- Free cash flow stood at €423 million, representing a remarkable 62% increase year-over-year.
- Like-for-like sales grew by 6.9%.
- Quarterly revenue amounted to €2.33 billion, a 7.6% increase from the previous year.
- Lagardere Publishing generated €799 million in revenue, a slight increase of 0.5% year-over-year.
- Lagardere Travel Retail revenue reached €1.47 billion, reflecting a 13% increase year-over-year.
- The group aims to continue enhancing growth, profitability, and efficient capital allocation among business development, reasonable dividend payouts, and debt leverage improvement.
- Analyst ratings include 2 ‘buy’ recommendations and 2 ‘hold’ with no ‘sell’ recommendations.
Fourth Quarter Results:
Company Strategy:
Market Reactions:
Lagardere SCA on Smartkarma
Independent analysts on Smartkarma, like Eric Speron from First Foundation, are providing bullish insights on Lagardere SCA, a company with core businesses in publishing and travel retail. Speron’s analysis delves into the potential spinoff of Lagardere, highlighting the long-term cash flow potential and growth opportunities in the publishing sector, as well as the challenges faced by the travel retail segment due to margin competition from airports. Listeners are encouraged to explore the unique investment opportunity presented by Lagardere’s diverse business portfolio.
A look at Lagardere SCA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
When looking at the long-term outlook for Lagardere SCA, an investment analyst utilizing the Smartkarma Smart Scores sees a mixed picture. The company scores well in growth, receiving a high score of 5, indicating strong potential for expansion and development. This suggests that Lagardere SCA may have a promising future in terms of increasing its market presence and profitability. However, in other areas such as value and resilience, the company’s scores are lower, with ratings of 2 in both categories. This implies that Lagardere SCA may face challenges in terms of its valuation and ability to withstand economic downturns or market volatility.
On a more positive note, Lagardere SCA receives a moderate score of 3 in both dividend and momentum. This suggests that while the company may not be the top performer in terms of these factors, it still maintains a decent level of dividend payout and market momentum. Overall, the Smart Scores indicate a nuanced outlook for Lagardere SCA, with strengths in growth potential but weaknesses in value and resilience. Investors may want to consider these factors carefully when making decisions regarding this company.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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