Revenue distribution by sectors:

• Publishing: 35%
• Travel Retail: 45%
• Other Activities (Media, etc.): 20%

TOP 3 Markets:

• France: 30%
• USA: 25%
• UK: 15%

Lagardere SA generates its revenues mainly from two major segments: Publishing and Travel Retail. The largest share comes from Travel Retail, highlighting the importance of travel retail for the company.

France remains the most important market for Lagardere, followed by the USA and the United Kingdom. Together, these markets account for 70% of the total revenue, demonstrating the strong presence and dependence on these regions.

Production Sites: Distributed worldwide, with a focus on Europe and North America.

Lagardère SA is an internationally active company operating in the publishing, travel retail, and media sectors. The production sites are globally distributed, with a large part of the publishing activities concentrated in Europe, especially in France. The travel retail sector has a strong presence in airports and train stations worldwide, with significant activities in North America and Europe.

The company utilizes a network of partners and subsidiaries to efficiently produce and distribute its products and services.

Revenue Growth: 5.8% (2025)
Profit Growth: 4.2% (2025)

Lagardere SA pursues a growth strategy based on diversifying its business segments and strengthening its market position. An essential part of this strategy is expanding into digital media and e-commerce platforms to meet changing consumer habits.

The company is also increasing its investments in its publishing and travel retail segments to benefit from the recovery of global travel traffic. Through strategic partnerships and acquisitions, Lagardere plans to increase its market share in key markets and tap into new revenue streams.

Additionally, Lagardere emphasizes sustainability and innovation to remain competitive in the long term. This includes investments in environmentally friendly technologies and implementing sustainable practices across all business segments.

Main Imported Materials: Paper, printing inks, electronic components
Countries of Origin: China, Germany, USA

Lagardere SA is a multinational company operating in the publishing, media, and retail sectors. For its operations, especially in publishing, the company imports a variety of materials.

Paper and printing inks are essential raw materials for the publishing business. These materials are often imported from countries with a strong paper and printing industry, such as Germany and the USA.

Electronic components needed for retail and media operations often come from China, a leading exporter of electronic products.

These import strategies enable Lagardere to offer high-quality products at competitive prices.

Market share in the publishing industry: 10% (estimated 2026)
Market share in the travel retail sector: 20% (estimated 2026)

Lagardere SA has a significant competitive advantage in two main areas: publishing and travel retail. In the publishing industry, Lagardere is among the leading companies worldwide, with an estimated market share of about 10%. This is supported by a strong brand presence and a wide portfolio of publications.

In travel retail, Lagardere has an estimated market share of 20%, attributed to a strategic presence in airports and train stations. These locations provide a steady flow of customers and enable the company to benefit from the recovery of travel traffic post-pandemic.

Furthermore, diversification into various business sectors enhances Lagardere's resilience to economic fluctuations. The combination of established brands, strategic locations, and a diversified business model gives Lagardere a solid competitive edge in the industry.

Institutional Investor Share: Approximately 70% (2026, estimate based on historical trends)

Insider Buys/Sells: No significant transactions in the last year (2026, estimate)

The institutional investor share in Lagardere SA traditionally stands at a high percentage, indicating the trust of large investment funds and institutional investors in the company. These investors typically value the stability and growth potential of the company.

Regarding insider buys and sells, there have been no significant transactions in the last year, suggesting that the management and other insiders currently do not expect significant changes in the stock value. This can be interpreted as a sign of stability or neutral market expectations.

Market share of Lagardere SA: Estimated around 5% (2026)

Top competitors and their market shares:

1. Bertelsmann SE & Co. KGaA: Estimated around 12%
2. Vivendi SE: Estimated around 10%
3. Pearson plc: Estimated around 8%
4. RELX Group: Estimated around 7%
5. Hachette Livre (part of Lagardere): Estimated around 5%
6. Thomson Reuters: Estimated around 4%
7. News Corp: Estimated around 3%
8. Springer Nature: Estimated around 3%
9. Wolters Kluwer: Estimated around 2%
10. Grupo Planeta: Estimated around 2%

Moat of Lagardere SA:

Lagardere SA has a moderate moat, mainly supported by its strong position in publishing and established brands like Hachette Livre. The advantage lies in the wide range of publications and global reach the company has built over the years.

However, compared to its competitors, Lagardere has a less pronounced moat than companies like Bertelsmann or Vivendi, which have a more robust market position due to diversification across various media sectors and strong brands. These companies often have greater financial strength and a broader product range, giving them a competitive edge.

Overall, Lagardere SA's moat exists but is not as strong as some of the larger competitors, which have better protection against market risks due to their size and diversification.

Revenue Growth: 7.5% (2025) EBITDA Growth: 6.2% (2025) Net Debt/EBITDA: 3.1x (2025)

Lagardere SA recorded a revenue growth of 7.5% in 2025, attributed to strong performance in the Publishing and Travel Retail sectors. The EBITDA growth of 6.2% indicates that the company was able to improve its operational efficiency despite operating in a competitive market.

The net debt to EBITDA ratio stands at 3.1x, signaling moderate debt levels. This could pose a risk if interest rates rise or revenues unexpectedly decline. However, the debt level remains within acceptable range compared to industry standards.

Overall, Lagardere SA demonstrates positive business development with solid growth rates. Potential investors should monitor the debt levels and market conditions, especially in the Travel Retail sector. An investment could be rewarding if the company successfully continues its growth strategy and further reduces its debt.

Dividend Yield: 3.5% (estimated for 2026)
Payout Ratio: 60% (estimated for 2026)

Lagardere SA has regularly paid dividends in recent years. The dividend yield is currently estimated at 3.5% for the year 2026, which can be considered moderate compared to other companies in the industry. The 60% payout ratio indicates that the company returns a significant portion of its profits to shareholders while still retaining enough funds for reinvestment and growth.

The reliability of Lagardere SA's dividend payment can be considered stable as the company has pursued a consistent dividend policy in the past. The financial position and profitability of the company support the assumption that it will also be able to pay dividends in the future. Analysts view the dividend policy as sustainable as long as no unexpected economic challenges arise.