Earnings Alerts

Lagardere SCA (MMB) Earnings: Revenue Climbs to EU4.35B in 1H, Boosted by Travel Retail Growth

  • Lagardere reported a revenue of €4.35 billion in the first half of the year, marking a 3.8% increase compared to the previous year.
  • The publishing sector revenue reached €1.35 billion, reflecting a growth of 3.1% year over year.
  • Travel retail revenue for Lagardere was recorded at €2.89 billion, experiencing a 5.1% rise from the last year.
  • The company posted a recurring EBIT of €225 million, up by 6.1% compared to the previous year.
  • Lagardere’s like-for-like sales have increased by 3%.
  • The company is focusing on its capital allocation policy aimed at gradually reducing its debt. This includes a balanced contribution from each business segment and maximising shareholder value through regular dividends.
  • Investment decisions are made strategically to explore growth opportunities.
  • Among analysts, there is one buy recommendation and three holds, with no sell recommendations for Lagardere.

A look at Lagardere SCA Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth4
Resilience2
Momentum3
OVERALL SMART SCORE3.0

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

Investors looking at Lagardere SCA for the long term see a mixed bag of factors to consider. With a Smartkarma Smart Score of 2 for Value and Resilience, the company may be perceived as having limited upside potential and may face challenges in adverse conditions. However, the higher scores of 4 for Dividend and Growth indicate a positive outlook for potential returns and expansion opportunities. Furthermore, the Momentum score of 3 suggests a moderate level of market excitement and interest in the company’s future prospects.

Lagardere SCA, operating in communications, media, and high technology sectors, has a diverse portfolio encompassing newspapers, magazines, books, radio broadcasting, movies, and television programming. While facing some valuation and resilience concerns, the company’s strong Dividend and Growth scores hint at promising returns and growth prospects. Thus, investors evaluating Lagardere SCA for the long term may need to weigh the potential risks against the attractive dividend yield and growth potential offered by the 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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