Lagardere Sa (LGDDF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you. Good evening, everyone. This conference call will be hosted by Jean-Christophe Thierry, chairman and CEO of Louis Hachette Group, Grégoire Castin, deputy CEO of Louis Hachette Group and deputy CEO in charge of finance for Lagardère. And joining us for this presentation, we have Pauline Auel, our group leader, Secretary General, Mr. Doug Rasmussen, Chairman and CEO of Lagardère Travel Retail, Frédéric Chevalier, CEO of Lagardère Travel Retail. All these participants will share their insights and key highlights. This presentation will be followed by a Q&A session. I now leave the floor to Jean-Christophe Thierry. Thank you, Emmanuel. Good evening, everyone. I am delighted to present the results of Louis Hachette Group. Driven by the strength and complementarity of all our businesses, our international footprint, and the commitment of our teams, we delivered a revenue of 9.6 billion euros, and a record adjusted EBIT of 551 million euros. This strong momentum also allowed us to continue reducing our debt at a rapid pace. Grégoire will tell you more about the figures in a moment. Lagardère Publishing delivered strong performances in 2025 both in France and in English-speaking markets. A few highlights include, in the United States, Hachette Book Group became the number three publisher in the market. Along with a strong release schedule, our efforts to enhance the value of our catalog paid off with the successful re-release of Twilight, for example. In Europe, the new Asterix adventure was a tremendous success across several markets. In 2026, we will celebrate the 200th anniversary of Hachette, the world's third largest publisher. The bicentennial is an opportunity to reaffirm our mission. making reading and culture accessible to as many people as possible. To m...