Lagardère: confirms FY 2019 target

(CercleFinance.com) - Published after trading on Thursday, Lagardère Group's H1 2019 sales came in at 3,612 billion euros, up 6.
7% like-for-like.

Recurring EBIT of integrated companies amounted to 153 million euros, against 139 million euros in H1 2018. Earnings before financial charges and tax came in at 158 million euros, compared with 269 million euros a year earlier.

In addition, adjusted net income, group share rose to 63 million euros, against 59 million euros in the first half of 2018.

Lagardère confirms its 2019 Group recurring EBIT growth target of between 4% and 6%, based on the target scope and excluding the acquisition of HB, in addition to its initial guidances.


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