Lagardere SCA (LAGA.PA)
26 May 2017
Tue, Mar 28 2017
* Lagardere denies it was it is considering selling a stake in its retail division, following a report by French news website BFM TV
* Strong rise in group recurring EBIT: up 13.5 pct to 395 million euros ($416.37 million)
* Lagardere Travel Retail and Ingenico enable Alipay mobile acceptance at Paris-Charles de Gaulle duty-free shops Source text for Eikon: Further company coverage: (Gdynia Newsroom)
Feb 9 French media group Lagardere raised its guidance for 2016 group recurring earnings before interest and taxes (EBIT) on Thursday after a strong end of year performance driven by its Travel Retail and Sports and Entertainment divisions.
* 2016 revenue: 7,391 million euros ($7.88 billion) versus 7,193 million euros in 2015, up 2.5 pct like-for-like, up 2.7 pct on a consolidated basis