Lagardere: reports H1 net loss of E481m
(CercleFinance.com) - Lagardere's H1 sales reached 2,088 million euros, down 38% in comparable data.
Its operating loss was 218 million euros, compared with +88 million euros in 2019, down 306 million euros. The pre-charge loss reached 476 million euros in 2020 compared to +98 million euros in 2019.
The adjusted net result, group share (excluding non-recurrent/non-operational items) amounted to -278 million euros, compared with a token profit of +6 million euros in the first half of 2019.
The net result, group share reached -481 million euros compared with +52 million euros in 2019.
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