Q4 2019 Lagardere SCA Corporate Sales Call Transcript

Feb 27, 2020 / 04:45PM GMT
Arnaud Lagardère - Lagardère SCA-General&Managing Partner and CEO

Good evening. We're about to start. I see that there are a lot of people that are already connected. I'm going to be very quick in my introduction. I'm not going to give you any introduction. I'm going to give the floor to Gerard. I'm sure you've read the press release. So I'll give the floor to Gerard and I might take the floor afterwards. I'd like to give some time for the Q&A. So Gerard, you have the floor.

Gerard Adsuar - Lagardère SCA-CFO

Good evening, everybody. I'm going to move on directly to the slide about the highlights for 2019, which was a good year, a very good year actually, with revenue of EUR 7.2 billion, a 5% growth. Lagardère Publishing and Lagardère Travel Retail showing their capacity of seizing the opportunities offered by the activities and the geography. The EBIT -- the group recurring EBIT is stable. The impact of the disposal of the media assets being offset

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