Trade publishers have had a strong first half of the year, with Lagardere Publishing the latest to produce evidence: Sales for the first six months registered €1.130 billion, up 16.4 percent from €971 million a year ago, when sales had fallen €70 million in the second quarter. This year’s second quarter sales were €621 million — compared to €514 million in 2020, and €584 million in 2019. Significantly, the group reported “decade-high” recurring EBIT for the six-month period of of €110 million — compared to just €27 million in 2020, and €36 million in the first-half of 2019. (Lagardere Publishing […]
