Lagardere reported first quarter sales for the period ended March 31, with publishing sales of €554 million, up from €509 million, an 8.7 percent topline increase over the first quarter of 2021. Most of the gains came from acquisitions — adding €25 million in all, including €22 million from Workman, and €17 million in foreign exchange gains, with the euro steadily losing ground against the US dollar and British pound. The sale of Brainbow reduced sales by about €1 million. The company cited the pattern of increased pandemic sales as well, while noting that “March saw the emergence of less […]
