Earnings Alerts

Lagardere SCA (MMB) Earnings: 3Q Sales Climb 7.4% with Travel Retail Boosting Revenue by 15%

By October 17, 2024 No Comments
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  • Lagardère reported a like-for-like sales increase of 7.4% in the third quarter of 2024.
  • Total revenue reached €2.42 billion, marking a 9.2% year-over-year growth.
  • Lagardère Publishing’s revenue slightly declined by 0.3% to €765 million.
  • Lagardère Travel Retail experienced a significant revenue growth of 15%, reaching €1.60 billion.
  • Current investment recommendations include two buys, three holds, and no sells.

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A look at Lagardere SCA Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth5
Resilience2
Momentum4
OVERALL SMART SCORE3.2

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

Based on the Smartkarma Smart Scores, Lagardere SCA has a mixed long-term outlook. With a strong score in growth and momentum, indicating positive trends in business expansion and market performance, the company is positioned well for future development. However, lagging scores in value and resilience suggest potential challenges in terms of financial strength and adaptability to changing circumstances. The moderate dividend score indicates a stable but not necessarily high dividend payout to investors. Overall, Lagardere SCA‘s profile reflects a company with room for growth but facing some underlying stability concerns.

Lagardere S.C.A. is involved in communications, media, and high technology sectors, with a diverse portfolio that includes publishing, broadcasting, and entertainment production. Operating newspapers, magazines, radio stations, and film/TV content creation, the company plays a significant role in the media industry. With a focus on growth and maintaining market momentum, Lagardere SCA aims to expand its presence and offerings in the ever-evolving media landscape, despite facing challenges in terms of value and resilience. Investors should closely monitor how the company navigates these dynamics to assess its long-term performance potential.


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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