Lagardere reported financial results for the second quarter, with publishing sales of €726 million, down just under 1 percent as reported and 2 percent on a like-for-like basis, compared to €733 million last year. The difference between the reported and like-for-like comparisons are due to the November acquisition of Sterling Publishing and April acquisition of 999 Games. Looking at the first half of the year, sales were €1.35 billion, up 3 percent as reported and 1 percent like-for-like. The company attributes the sales growth to strong performance in the UK and increased board game sales. Recurring EBIT fell 6 percent […]
