Strong Performance by Lagardère Travel Retail in H1 Financial Results

Tuesday, 23 July 2024, 18:02

Lagardère Travel Retail has posted an impressive **13.5% revenue** increase in the first half of the year, underscoring the strength of its food and beverage operations. This growth contributed to record recurring EBIT for the Lagardère Group, reflecting resilience and operational excellence. The strong results highlight the critical role of Lagardère Travel Retail within the broader Lagardère SA portfolio and point towards a robust recovery in travel retail sectors following economic disruptions.
Moodiedavittreport
Strong Performance by Lagardère Travel Retail in H1 Financial Results

Lagardère Travel Retail Achievements

Lagardère Travel Retail has recorded a **+13.5% revenue** increase in the first half of the year, showcasing significant growth from its food and beverage operations.

Key Highlights

  • Strong revenue performance across various retail sectors.
  • Record recurring EBIT contributing to overall financial health.
  • Indications of market recovery in travel sectors post-pandemic.

Conclusion

This performance emphasizes the Lagardère Group's potential for future growth, particularly in its travel retail division, and indicates a favorable outlook as the market continues to recover.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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