Lagardere Publishing reported third quarter sales ending September 30 of 637 euros, down by 1.6 percent compared to last year in absolute terms. (You’ll notice our report likely diverges from others, since the official company release charts results for the nine months of the fiscal year and concludes they are still rising; we actually break out the calculator to look at quarterly numbers). The company does not usually quantify currency effects, but this time around the impact was so significant they couldn’t help themselves, noting that “because Lagardere Publishing generates over 40 percent of its revenues in the dollar and […]
