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Home > Book Trade News > Lagardère 2009 Full-year Results

Lagardère 2009 Full-year Results

Posted at 7:41PM Wednesday 10 Mar 2010

Lagardère Publishing performed exceptionally well in 2009, with recurring EBIT before associates up 24% at €301m. The majority of the year-on-year increase of €58m came from the United States, boosted by the success of the Stephenie Meyer saga. Profits also improved in France: Illustrated Books (Children's, Travel, Lifestyle) performed well, driven in particular by the latest Astérix album, as did General Literature thanks to the success of Dan Brown (The Lost Symbol, published in French by Lattès as Le symbole perdu). Growth in recurring EBIT before associates was much less strong in the second half of 2009 than in the first half.

lagardere.com

PW


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