Lagardere reported first-half of the year results after the close of the market in France on Thursday. Sales at Lagardere Publishing were 510 million euros in the second quarter (up 12 million euros) — and 903 million euros for the full first half, up 2.5 percent on a like-for-like basis for the quarter but down 1.5 percent (or 14 million euros) in actual results because of foreign exchange. Earnings did fall to 51 million euros, down 28 percent from 71 million euros a year ago, due to an “exceptionally rich” publishing program in the first half of 2013. The company answered the big […]
