Lagardere reported fourth quarter results after the close of the market in Paris on Thursday, with publishing division sales of 619 million euros down 1.9 percent (or €12 million), “as expected,” since they published a new Asterix in France in the final quarter of 2015. Acquisitions, including Perseus, added €22 million in the quarter, while they calculated a negative €26 million foreign exchange effect. HBG USA sales were down 12.4 percent in the final quarter, “held back by a less intensive release schedule than in fourth-quarter 2015, despite further growth in audiobooks and distribution.” Full-year publishing sales were €2.264 billion […]
