Lagardère Announces 2011 Full Year Revenues

Lagardère SCA announced 2011 full year revenues today, noting that the divisions demonstrated resilience despite a difficult economic environment. Highlights of the company's financial performance are as follows:

At Lagardère: Lagardère’s net sales for 2011 were €7,657m, a 3.9% drop on a reported basis but stable on a like-for-like basis at +0.2% (the difference between reported and like-for-like is due mainly to consolidation, with the company’s sale of their international magazine business). The Group’s new areas of development – eBooks, entertainment, travel retail, sports rights management – maintained their growth trend.