Lagardere released financial results for the fourth quarter and full year 2023, with fourth quarter publishing sales of €795 million, up 5.8 percent (or 6.1 percent on a like-for-like basis). For the year, sales of €2.809 billion were up €61 million or 2.2 percent from 2022 (up 1.9 percent like-for-like). Recurring EBIT was just below flat at €301 million (down €1 million), though that does not tell the full story, since overall profit before finance costs and tax fell significantly, at €199 million, down from €291 million a year ago. The year’s sales gains were due primarily to a €50 […]
