Yesterday Lagardere release their more detailed annual report, which also includes profits for fiscal 2008 (they released basic sales figures of 2.159 billion euros earlier, as we previously reported). They company says EBIT for 2008 was 236 million euros, up 3.3 percent from a year ago, with operating margins up slightly to 11.4 percent. The US comprised 22 percent of sales in 2008, up from 18 percent a year ago, making it larger than Hachette UK for the first time, which saw its share of sales drop from 24 percent a year ago to 18 percent in 2008. On that […]
