Lagardere Publishing reported “only a limited fall in net sales” in the first half of the year, down just 4 million euros compared to a year ago at 542 million euros, mostly due to comparisons against “exceptional” Stephenie Meyer sales last year. As for income, they only report recurring EBIT twice a year, which was 101 million euros, compared to 112 million euros a year ago. The company did warn that investors should expect “a sharper drop” in earnings in the second half of the year, both because of lower Meyer sales and a “less favorable than expected outlook” for […]
