Lagardere Publishing reported results for the first quarter 2020, giving some data to the year’s good beginning and sharp turndown in March. Sales were up 5.6 percent in January and February before the global lockdowns began, followed by a 19 percent decline in March. And the company expects April sales were “down in the region of 45 percent” (which is at least better than the expected 90 percent decline in the Lagardere Travel business). For the first quarter, sales of €457 million were only down €3 million, helped again by the strong US dollar and improving British pound, which added […]