Lagardere Sa (LGDDF) Q2 2025 Earnings Call

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WEBVTT 00:00:00.672 -- 00:00:06.019 Hello, ladies and gentlemen. Thank you for joining us this evening to Louis 00:00:06.019 -- 00:00:08.723 Hachette Group 2025 00:00:08.723 -- 00:00:14.010 first half results. I'm Emmanuel Rapa, head of financial communication, 00:00:14.010 -- 00:00:18.757 and I will be guiding you through this presentation. 00:00:18.757 -- 00:00:24.224 We will present the Louis Hachette Group results and those of Lagardère 00:00:24.224 -- 00:00:27.065 that are, of course, embedded. 00:00:27.065 -- 00:00:32.732 Nevertheless, if you want to focus only on the Lagardère Group performance, 00:00:32.732 -- 00:00:37.898 you can find them on the press release as well as the slide 00:00:37.898 -- 00:00:43.325 that relates to Lagardère on the dedicated website. 00:00:43.325 -- 00:00:48.331 This call is led today by Jean-Christophe Thierry, chairman and 00:00:48.331 -- 00:00:53.638 CEO of Louis Hachette Group, and Grégoire Castin, deputy CEO 00:00:53.638 -- 00:00:57.338 of Louis Hachette Group and Lagardère Group. 00:00:57.338 -- 00:01:02.405 Joining us for this presentation are Pauline Ouell, Group Secretary 00:01:02.405 -- 00:01:08.032 General, Dag Rasmussen, Chairman and CEO of Lagardère Travel Retail, 00:01:08.032 -- 00:01:13.399 Frédéric Chevalier, CEO of Lagardère Travel Retail, and Claire Lehost, 00:01:13.399 -- 00:01:18.726 CEO of Prisma, who will each share their insights 00:01:18.726 -- 00:01:20.949 and their key highlights. 00:01:20.949 -- 00:01:26.597 After the presentation, I will be reading the questions from financial analysts 00:01:26.597 -- 00:01:32.273 only. I now leave the floor to Jean-Christophe Thierry. 00:01:32.273 -- 00:01:35.118 Thank you, Emmanuel. Good evening, everyone. 00:01:35.118 -- 00:01:41.647 I am delighted to present today th...