Lagardère: adjusted net profit of 252 ME in 2023


(CercleFinance.com) – The Group’s turnover in 2023 stands at €8,081 million, up +14.0% compared to 2022 on a comparable basis.

Group EBIT stands at €520 million in 2023 compared to €438 million in 2022, an increase of +82 million. The EBIT of Lagardère Publishing amounts to 301 ME (compared to 302 ME in 2022) and that of Lagardère Travel Retail to 245 ME (compared to 136 ME in 2022).

Adjusted net income – Group share stands at €252 million, compared to €265 million in 2022.

At the end of December 2023, the Group’s free cash flow excluding variation in WCR4 stands at €275 million, compared to €294 million in 2022.

‘For 2024, Lagardère Publishing should maintain performances similar to those of 2023’ indicates the group.

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