Lagardere SCA (LAGA.PA)
Tue, Feb 21 2017
* 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
* Receives green light from the Belgian Competition Authority to acquire the activities of Lagardere Travel Retail in Belgium
* Reports Q3 sales 1.98 billion euros ($2.17 billion) versus 1.90 billion euros a year ago
* Lagardere travel retail wins a 2,040 square meters duty free concession in King Khaled international airport in Riyadh Source text for Eikon: Further company coverage: (Gdynia Newsroom)