Louis Hachette Group Sa · EURONEXT:ALHG
Louis Hachette Group Sa — Investor Presentation (November 2025)
29 slides from Louis Hachette Group Sa's investor presentation, November 2025
Slide 1: Investor Presentation November 2025
Investor Presentation November 2025
Slide 2: Today's speakers
Today’s speakers ▪ Head of Financing, Treasury & Investor Relations. ▪ Joined Lagardère in 2012. Emmanuel Rapin ▪ Head of Financing and Investor Relations since 2020. ▪ Contact: erapin@lagardere.fr ▪ Deputy Director of Investor Relations. ▪ Joined Lagardère in 2025. Nathalie Pellet ▪ In charge of La
Slide 3: Presentation of Louis Hachette Group
Presentation of Louis Hachette Group
Slide 4: 2024 Key Dates And Figures
2024 Key Dates And Figures €9,235m €800m Revenue EBITDA 13 December 2024 Vivendi SE transfers its 66.53% interest in Lagardère SA and its 100% interest in Prisma Media to Louis Hachette Group as More than 34,000 €420m part of the partial demerger employees Free cash flow 16 December 2024 Louis Hache
Slide 5: Ownership Structure
Ownership Structure(1) As of 30 June 2025 Arnaud Other Lagardère shareholders Listed on Euronext 8.6% 31% 60.4% Listed on Euronext Growth 8.7% 11.47% 13.38% 8.23% of the voting rights 16.23% of the voting rights 9.46% of the voting rights 66.31% 66.08% of the voting rights 100% Listed on Euronext Li
Slide 6: 2024 Financial Profile
2024 Financial Profile 31% €2,873m of Group €289m 6% Revenue revenue EBITA 5% Europe (excl. France) + 39% 63% €5,812m of Group €266m Revenue revenue EBITA + Revenue United States by geographic39% and Canada area 26% €9,235m 3% €(57)m €257m of Group Revenue Live Revenue revenue EBITA €510m France + 2
Slide 7: Lagardère Publishing
Lagardere Publishing >, } LOUIS HACHETTE GROUP
Slide 8: Publishing Market: Resilient And Attractive
Publishing Market: Resilient And Attractive A multi-polar footprint on markets which has experienced a steady growth … and remain resilient and attractive, benefiting from structural and long-term tailwinds over the past years… €100bn+ market and close to €30bn addressed market* Steadily growing mar
Slide 9: Global #3 Position
Global #3 Position 1 2 3 3 Description Selected Publishing Houses General ▪ Adult fiction 12,000 ▪ Adult non-fiction Literature Titles ▪ Practical books 12 Trade ▪ Children and young adult Illustrated 200+ Languages ▪ Comics Books Publishing Houses ▪ Coffee table books ▪ Stationery ▪ Tourism Educati
Slide 10: Global Reach: 66% of Revenue from International
Global Reach: 66% of Revenue from International 2024 revenue by geographic area(1) 2024 revenue by activity UK(2) Other 26% 19% France 32% Partworks General €2.9bn 9% €2.9bn Literature Spain 6% 43% Education Other Europe 10% 4% US & Rest of the World Illustrated Canada 4% Books 28% 19% (1) By origin
Slide 11: Strong And Recurring Profitability
Strong And Recurring Profitability Revenue evolution (€m) Recurring EBIT (€m) and operating margin (%) 400 13.5% 14.0% 2,873 351 12.0% 350 11.0% 10.7% 10.8% 2,809 10.4% 2,748 +2 % LFL 310 9.2% 302 301 10.0% 300 2,598 8.0% 246 250 220 6.0% 2,384 2,375 200 4.0% 150 2.0% 100 0.0% 2019 2020 2021 2022 20
Slide 12: Lagardère Travel Retail
Lagardère Travel Retail
Slide 13: Travel Retail: €120bn Market Backed by Solid Demand
Travel Retail: €120bn Market Backed by Solid Demand Travel Retail Revenue Driven by Traffic Volume, Travel Retail is a €120bn Market with a Long-term Growth Prospect Ability to Convert in Sales, and Increasing Customer Spend €120bn Market Forecasted 2023-2030E CAGR rate of 5%-7% Estimated Growth Lev
Slide 14: Global #3 Position
Global #3 Position Own brands Partner brands Bespoke brands 1 1 4 4 Travel 33 countries TRAVEL EUROPEAN AIRPORT GLOBAL Essentials ESSENTIAL FASHION DUTY-FREE DINING +2,600 stores A Fragmented and Open Market +210 airports, +600 stations Duty-Free 30 countries & Fashion 728 stores 127 airports Top 10
Slide 15: A Strong Global Reach and Well-Balanced Portfolio
A Strong Global Reach and Well-Balanced Portfolio 2024 revenue by geographic area(1) 2024 revenue by activity Asia-Pacific 6% France 17% Travel Duty Free & Essentials Fashion 33% 38% Americas 26% €5.8bn €5.8bn EMEA (excluding France) Dining 51% 29% (1) By origin November 2025 15
Slide 16: Post Covid-Crisis, Rapid Recovery and Strong Profitability Gains
Post Covid- Crisis, Rapid Recovery and Strong Profitability Gains Revenue (€m) Recurring EBIT (€m) and operating margin (%) +12.5% 5.3% 6,250 6% LFL 5,812 300 4.9% 305 5% 5,250 5,018 250 5% 245 200 4% 4,250 3,927 3.5% 150 4% 3,250 136 3% 100 2,290 3% 2,250 50 2% 0 1,250 2% 2021 2022 2023 2024 -50 1%
Slide 17: Lagardère Live
Lagardere Live LOUIS HACHETTE GROUP
Slide 18: Prestigious Brands and Iconic Venues in Paris and Across France
Prestigious Brands and Iconic Venues in Paris and Across France 3 Radio Stations 1 global press brand & 2 press titles Radio & News Powerful brands. Ongoing turn around. Lagardère Live & Entertainment The 1st company in France to operate in all 3 areas of live Premium and exclusive membership based
Slide 19: Revenue Growth Powered by Radio and Profitability Gains
Revenue Growth Powered by Radio and Profitability Gains 2024 revenue(1) by activity Recurring EBIT (€m) Press & 2023 2024 Radio Licenses 32% 34% €257m +0.2% LFL -22 -26 Live Entertainment & Other 34% (1) On a like-for-like basis November 2025 19
Slide 20: Prisma Media
Prisma Media LOUIS HACHETTE GROUP
Slide 21: France's Leading Cross-Media Publisher
France's Leading Cross-Media Publisher c. 40m c. 125m 600m #1 magazine publisher in France French people magazines sold videos viewed reached each month each year each month #1 online media publisher in France 2024 Revenue mix (%) 40 leading brands in the general public and luxury market segments Di
Slide 22: 2024 Group results
2024 Group results LOUIS HACHETTE GROUP
Slide 23: Strong 2024 Performance Driving Significant Debt Reduction
Strong 2024 Performance Driving Significant Debt Reduction 2024 KEY FIGURES (€m) 2023 2024 ▪ Sustained growth in Revenue > €9bn (+8%). Revenue 8,390 9,235 +8%(1) ▪ Record EBITA at €510m. EBITA 490 510 +4% ▪ Sound FCF generation with an increase to €421m. Free cash flow 268 421 +57% ▪ Sharp decreas
Slide 24: A Solid Trajectory Toward Lower Debt Levels
A Solid Trajectory Toward Lower Debt Levels Decrease in leverage ratio(1) 3X 2.4X c. 2X 31 December 2023 31 December 2024 31 December 2025 (1) Leverage ratio calculated as follows: net debt including liabilities related to minority put options/recurring EBITDA over a rolling 12-month period November
Slide 25: Q3 2025 revenue
Q3 2025 revenue LOUIS HACHETTE GROUP
Slide 26: Resilient Performance in Q3 Led by Two Main Businesses
Resilient Performance in Q3 Led by Two Main Businesses Reported Like-for-like (€M) Q3 2024 Q3 2025 change change(1) (%) (%) Lagardère Publishing 765 811 +5.9 % +6.6 % Lagardère Travel Retail 1,596 1,695 +6.2 % +5.0 % Lagardère Live 56 42 -25.0 % -2.0 % Total revenue - Lagardère Group 2,417 2,548 +5.
Slide 27: Conclusion
Conclusion LOUIS HACHETTE GROUP
Slide 28: An Under-Valued, and Family-Owned Asset Delivering Yield and Growth
An Under-Valued, and Family-Owned Asset Delivering Yield and Growth with Risk Control via Diversification ▪ After past solid performances, the Louis Hachette group is confident in its ability to consolidate its leading positions on its markets. ▪ Global 2025 guidance: slight growth given the record
Slide 29: Investor Presentation November 2025
Investor Presentation November 2025
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