Lagardère Group
Encyclopedia
Lagardère is a French-based multinational conglomerate
headquartered in the 16th arrondissement of Paris
. The group once covered a broad range of industries but is now largely focused on the media
sector, in which it is one of the world’s leading companies. Headed by Arnaud Lagardère
, the firm does business in nearly 40 countries and is structured around four main business lines: its book
and electronic publishing
division (Lagardère Publishing) includes the major imprint Hachette Livre; while the Lagardère Active unit encompasses newspaper
, digital media
and magazine
publishing (including Hachette Filipacchi Médias
), radio and television broadcasting
and production and advertising
sales. The Lagardère Services unit includes store retail
, largely in airport
s and railway station
s, and Lagardère Unlimited engages in sports
and talent management
, sports academies, event management
, marketing of sports broadcast rights and management of sports venues
.
The company also holds a 7.5% stake in the aerospace and defence firm EADS
, which was originally created from, amongst other entities, the Lagardère subsidiary Aérospatiale-Matra
.
with Henri Filipacchi, and it is still a market leader.
Created in 1945, Matra
(Mechanics/Aviation/Traction) was the company behind several technological projects: creating a twin-engine airplane prototype able to travel at 800 km/h, breaking the sound barrier at Mach 1.4 in vertical flight for the first time in Europe. In 1990, Matra Espace and the aerospace division of Gec Marconi came together to create Matra Marconi Space, the top European space company. Matra Hautes Technologies joined the Aerospace industry, and officially became Aerospatiale Matra on June 11, 1999. EADS
(the European Aeronautic Defence and Space Company) was founded on July 10, 2000 from the merger of Aérospatiale Matra SA, Aeronauticas SA, and DaimlerChrysler Aerospace AG. It officially launched the A380 program
that same year. The aircraft would make its first flight in 2005.
was appointed Chief Executive Officer of Matra
, with 1,450 employees. In 1981, he took the reins at Hachette. In 1988, the group’s first major success abroad was the acquisition of Grolier
Encyclopedias in the United States.
In 1992, after a major year-long restructuring, Matra Hachette and Lagardère group were born. In the early 1990s, Jean-Luc Lagardère turned to television, and became head of La Cinq
.
launched the first multimedia encyclopedia, Axis, which gave it a dominant position in multimedia. In 1994, Matra Hachette Multimedia presented EPSIS, the first image-substitution process for advertising. In 1998, Hachette Multimedia was born of the consolidation of the multimedia division of Hachette Livre and Grolier Interactive (online educational services). A strategic agreement signed in 2000 by Lagardère and Deutsche Telekom
to provide Internet service led to the merger of T-Online
and Club-Internet.
In 1995, with the acquisition of the top USC
magazine chain in Canada, Hachette became the third largest operator in the international retail press trade. In 1996, Hachette Livre acquired the Hatier
Group. In 1997, Hachette Livre won a string of literary prizes, including the Prix Goncourt
and the Prix de l'Académie française with La Bataille (The Battle) by Patrick Rambaud
(Grasset). That same year, Europe 1
and Club-Internet launched Europe Info, the number-one online news service on the French-language web. In 2000, Hachette Distribution Services created Relay
, an international brand specializing in selling media products at public points of sale. That same year, Lagardère and Canal+
got into digital television. In 2001, Lagardère acquired the Virgin Stores brand and Virgin Megastore
in France. Hachette Filipacchi Médias
has continued its growth by taking a 42% stake in the Marie-Claire
Group.
on March 14, 2003, Arnaud Lagardère
was appointed General Partner of Lagardère SCA. That same year, Lagardère sold off its interest in Renault
as well as its automotive engineering business. In 2004, the Group acquired 40% of Editis
(formerly Vivendi Universal Publishing). Lagardère took advantage of the growth of TNT to launch the youth channel Gulli
in partnership with France Télévisions
.
In 2006, aware that Sports was a buoyant market, Arnaud Lagardère created Lagardère Sports, a new branch of the Group specializing in sports economics and sporting rights. Lagardère also became the new franchisee of the Croix-Catelan (Bois de Boulogne, Paris) and the Rue Eblé sports and recreation sites, for a twenty-year period.
On May 31, 2010, Lagardère Sports changed its name and became Lagardère Unlimited, a new branch of the group specializing in sport industry and entertainment.
for €651 million.
The transaction includes a Master License Agreement (MLA) relating to the ELLE
trademark in the 15 countries affected by the transfer, in return for which the Group will receive an annual recurring royalty payment. Lagardère will retain complete ownership of its magazine business operations in France
and of its ELLE trademark throughout the world. The closing of the transaction remains subject to approval by local partners in certain countries as well as to certain customary governmental approvals and antitrust clearances in certain jurisdictions.
who heads an executive committee comprising four co-managing partners (Philippe Camus
, Pierre Leroy, Dominique D'Hinnin and Thierry Funck-Brentano) and spokesperson and chief of external relations Ramzi Khiroun.
Each of the four main divisions of the company has its own chairman and CEO, with Lagardère Publishing led by Arnaud Nourry, Lagardère Active by Denis Olivennes, Lagardère Services by Dag Rasmussen and Lagardère Unlimited by Arnaud Lagardère.
The company is overseen by a largely independent supervisory board
, which has been chaired by Xavier de Sarrau since April 2010. Its other members are Bernard Arnault
, Martine Chêne, Georges Chodron de Courcel, François David, Pierre Lescure, Raymond Lévy, Jean-Claude Magendie, Christian Marbach, Javier Monzón, Amélie Oudéa Castéra, Didier Pineau-Valencienne, François Roussely, Susan M. Tolson and Patrick Valroff.
Conglomerate (company)
A conglomerate is a combination of two or more corporations engaged in entirely different businesses that fall under one corporate structure , usually involving a parent company and several subsidiaries. Often, a conglomerate is a multi-industry company...
headquartered in the 16th arrondissement of Paris
Paris
Paris is the capital and largest city in France, situated on the river Seine, in northern France, at the heart of the Île-de-France region...
. The group once covered a broad range of industries but is now largely focused on the media
Mass media
Mass media refers collectively to all media technologies which are intended to reach a large audience via mass communication. Broadcast media transmit their information electronically and comprise of television, film and radio, movies, CDs, DVDs and some other gadgets like cameras or video consoles...
sector, in which it is one of the world’s leading companies. Headed by Arnaud Lagardère
Arnaud Lagardère
Arnaud Lagardère, born in Boulogne-Billancourt, France, on March 18, 1961, is the son of Jean-Luc Lagardère, the former chairman of Matra and Hachette...
, the firm does business in nearly 40 countries and is structured around four main business lines: its book
Publishing
Publishing is the process of production and dissemination of literature or information—the activity of making information available to the general public...
and electronic publishing
Electronic publishing
Electronic publishing or ePublishing includes the digital publication of e-books and electronic articles, and the development of digital libraries and catalogues. Electronic publishing has become common in scientific publishing where it has been argued that peer-reviewed scientific journals are in...
division (Lagardère Publishing) includes the major imprint Hachette Livre; while the Lagardère Active unit encompasses newspaper
Newspaper
A newspaper is a scheduled publication containing news of current events, informative articles, diverse features and advertising. It usually is printed on relatively inexpensive, low-grade paper such as newsprint. By 2007, there were 6580 daily newspapers in the world selling 395 million copies a...
, digital media
Digital media
Digital media is a form of electronic media where data is stored in digital form. It can refer to the technical aspect of storage and transmission Digital media is a form of electronic media where data is stored in digital (as opposed to analog) form. It can refer to the technical aspect of...
and magazine
Magazine
Magazines, periodicals, glossies or serials are publications, generally published on a regular schedule, containing a variety of articles. They are generally financed by advertising, by a purchase price, by pre-paid magazine subscriptions, or all three...
publishing (including Hachette Filipacchi Médias
Hachette Filipacchi Médias
Hachette Filipacchi Médias, S.A. is a magazine publisher. It is a wholly owned subsidiary of Lagardère Media of France.- History :Hachette Filipacchi was founded by Louis Hachette in 1826 when he purchased the Librarie Brédif. Hachette was purchased by Matra in 1980, a firm associated with Ténot &...
), radio and television broadcasting
Broadcasting
Broadcasting is the distribution of audio and video content to a dispersed audience via any audio visual medium. Receiving parties may include the general public or a relatively large subset of thereof...
and production and advertising
Advertising
Advertising is a form of communication used to persuade an audience to take some action with respect to products, ideas, or services. Most commonly, the desired result is to drive consumer behavior with respect to a commercial offering, although political and ideological advertising is also common...
sales. The Lagardère Services unit includes store retail
Retail
Retail consists of the sale of physical goods or merchandise from a fixed location, such as a department store, boutique or kiosk, or by mail, in small or individual lots for direct consumption by the purchaser. Retailing may include subordinated services, such as delivery. Purchasers may be...
, largely in airport
Airport
An airport is a location where aircraft such as fixed-wing aircraft, helicopters, and blimps take off and land. Aircraft may be stored or maintained at an airport...
s and railway station
Train station
A train station, also called a railroad station or railway station and often shortened to just station,"Station" is commonly understood to mean "train station" unless otherwise qualified. This is evident from dictionary entries e.g...
s, and Lagardère Unlimited engages in sports
Sports agent
A sports agent procures and negotiates employment and endorsement contracts for an athlete.In return, the sports agent generally receives between 4 and 10% of the athlete's playing contract, and 10 to 20% of the athlete's endorsement contract, though these figures vary...
and talent management
Talent agent
A talent agent, or booking agent, is a person who finds jobs for actors, authors, film directors, musicians, models, producers, professional athletes, writers and other people in various entertainment businesses. Having an agent is not required, but does help the artist in getting jobs...
, sports academies, event management
Event management
Event management is the application of project management to the creation and development of festivals, events and conferences.Event management involves studying the intricacies of the brand, identifying the target audience, devising the event concept, planning the logistics and coordinating the...
, marketing of sports broadcast rights and management of sports venues
Stadium
A modern stadium is a place or venue for outdoor sports, concerts, or other events and consists of a field or stage either partly or completely surrounded by a structure designed to allow spectators to stand or sit and view the event.)Pausanias noted that for about half a century the only event...
.
The company also holds a 7.5% stake in the aerospace and defence firm EADS
EADS
The European Aeronautic Defence and Space Company N.V. is a global pan-European aerospace and defence corporation and a leading defence and military contractor worldwide...
, which was originally created from, amongst other entities, the Lagardère subsidiary Aérospatiale-Matra
Aérospatiale-Matra
Aérospatiale-Matra was a French missile and aircraft manufacturer. It was formed in 1999 by the merger of French companies Aérospatiale and Matra Haute Technologie....
.
Hachette and Matra, the foundation of Lagardère
Louis Hachette’s 1826 acquisition of Parisian bookstore Brédif was the starting point for what would one day be the Lagardère Group. Hachette published magazines dedicated to public entertainment (Le Journal pour Tous [Everyone’s Newspaper], 1855), and also took part in publishing the Dictionnaire de la Langue française (Dictionary of the French Language) with his friend Littré beginning in 1863. In 1953, Hachette launched Le Livre de pocheLe Livre de poche
Le Livre de Poche is the name of a collection of literature which appeared 9 February 1953 under the leadership of Henri Filipacchi and published by the Librairie générale française, a subsidiary of Hachette.-History:...
with Henri Filipacchi, and it is still a market leader.
Created in 1945, Matra
Matra
Mécanique Aviation Traction or Matra was a French company covering a wide range of activities mainly related to automobile, bicycles, aeronautics and weaponry. In 1994, it became a subsidiary of the Lagardère Group and now operates under that name.Matra was owned by the Floirat family...
(Mechanics/Aviation/Traction) was the company behind several technological projects: creating a twin-engine airplane prototype able to travel at 800 km/h, breaking the sound barrier at Mach 1.4 in vertical flight for the first time in Europe. In 1990, Matra Espace and the aerospace division of Gec Marconi came together to create Matra Marconi Space, the top European space company. Matra Hautes Technologies joined the Aerospace industry, and officially became Aerospatiale Matra on June 11, 1999. EADS
EADS
The European Aeronautic Defence and Space Company N.V. is a global pan-European aerospace and defence corporation and a leading defence and military contractor worldwide...
(the European Aeronautic Defence and Space Company) was founded on July 10, 2000 from the merger of Aérospatiale Matra SA, Aeronauticas SA, and DaimlerChrysler Aerospace AG. It officially launched the A380 program
Airbus A380
The Airbus A380 is a double-deck, wide-body, four-engine jet airliner manufactured by the European corporation Airbus, a subsidiary of EADS. It is the largest passenger airliner in the world. Due to its size, many airports had to modify and improve facilities to accommodate it...
that same year. The aircraft would make its first flight in 2005.
Jean-Luc Lagardère and the birth of the group
In 1963, Jean-Luc LagardèreJean-Luc Lagardère
Jean-Luc Lagardère was a major French businessman, CEO of the Lagardere Group, one of the largest French conglomerates....
was appointed Chief Executive Officer of Matra
Matra
Mécanique Aviation Traction or Matra was a French company covering a wide range of activities mainly related to automobile, bicycles, aeronautics and weaponry. In 1994, it became a subsidiary of the Lagardère Group and now operates under that name.Matra was owned by the Floirat family...
, with 1,450 employees. In 1981, he took the reins at Hachette. In 1988, the group’s first major success abroad was the acquisition of Grolier
Grolier
Grolier was one of the largest U.S. publishers of general encyclopedias, including The Book of Knowledge , The New Book of Knowledge , The New Book of Popular Science , Encyclopedia Americana , Academic American Encyclopedia , and numerous incarnations of The Electronic Encyclopedia .Grolier was an...
Encyclopedias in the United States.
In 1992, after a major year-long restructuring, Matra Hachette and Lagardère group were born. In the early 1990s, Jean-Luc Lagardère turned to television, and became head of La Cinq
La Cinq
La Cinq was France's first privately owned free terrestrial television network. Created by politician Jérôme Seydoux and Italian media mogul Silvio Berlusconi, the network broadcasted from 1985 to 1992....
.
Arnaud Lagardère and the group’s refocus on media
In 1994, Hachette LivreHachette Livre
-France:*Calmann-Lévy*Deux Coqs d'Or*Disney Hachette Edition*EDICEF*Editions 1*Editions du Chêne**E.P.A*Éditions Dunod*Editions Foucher*Editions Stock*Fayard**Editions Mille et Une Nuits**Editions Mazarine**Pauvert*Gautier-Languereau*Grasset...
launched the first multimedia encyclopedia, Axis, which gave it a dominant position in multimedia. In 1994, Matra Hachette Multimedia presented EPSIS, the first image-substitution process for advertising. In 1998, Hachette Multimedia was born of the consolidation of the multimedia division of Hachette Livre and Grolier Interactive (online educational services). A strategic agreement signed in 2000 by Lagardère and Deutsche Telekom
Deutsche Telekom
Deutsche Telekom AG is a telecommunications company headquartered in Bonn, Germany. It is the largest telecommunications company in Europe....
to provide Internet service led to the merger of T-Online
T-Online
T-Online, a former subsidiary and now business unit of Deutsche Telekom, is the biggest internet service provider in Germany. It evolved out of the proprietary German Bildschirmtext information service in 1995...
and Club-Internet.
In 1995, with the acquisition of the top USC
USC
-Education:* University of South Carolina , for which the acronym is a registered trademark...
magazine chain in Canada, Hachette became the third largest operator in the international retail press trade. In 1996, Hachette Livre acquired the Hatier
Hatier
Hatier is a French publishing house specializing in scholarly works, now integrated into the Hachette group.Founded in 1880 by Alexandre Hatier, Hatier is today the third-most prolific publisher of educational materials in France...
Group. In 1997, Hachette Livre won a string of literary prizes, including the Prix Goncourt
Prix Goncourt
The Prix Goncourt is a prize in French literature, given by the académie Goncourt to the author of "the best and most imaginative prose work of the year"...
and the Prix de l'Académie française with La Bataille (The Battle) by Patrick Rambaud
Patrick Rambaud
Patrick Rambaud is a French writer.-Life:With Michel-Antoine Burnier, he wrote forty pastiches, .They wrote Le Journalisme sans peine ....
(Grasset). That same year, Europe 1
Europe 1
Europe 1, formerly known as Europe n° 1, is a privately owned radio network created in 1955. It is one of the leading French radio broadcasters and heard throughout France...
and Club-Internet launched Europe Info, the number-one online news service on the French-language web. In 2000, Hachette Distribution Services created Relay
Relay
A relay is an electrically operated switch. Many relays use an electromagnet to operate a switching mechanism mechanically, but other operating principles are also used. Relays are used where it is necessary to control a circuit by a low-power signal , or where several circuits must be controlled...
, an international brand specializing in selling media products at public points of sale. That same year, Lagardère and Canal+
Canal+
Canal+ is a French premium pay television channel launched in 1984. It is 80% owned by the Canal+ Group, which in turn is owned by Vivendi SA. The channel broadcasts several kinds of programming, mostly encrypted...
got into digital television. In 2001, Lagardère acquired the Virgin Stores brand and Virgin Megastore
Virgin Megastore
Virgin Megastores is an international chain of record shops, founded by Sir Richard Branson on London's Oxford Street in early 1971. Virgin Megastores are best described today as entertainment retailers....
in France. Hachette Filipacchi Médias
Hachette Filipacchi Médias
Hachette Filipacchi Médias, S.A. is a magazine publisher. It is a wholly owned subsidiary of Lagardère Media of France.- History :Hachette Filipacchi was founded by Louis Hachette in 1826 when he purchased the Librarie Brédif. Hachette was purchased by Matra in 1980, a firm associated with Ténot &...
has continued its growth by taking a 42% stake in the Marie-Claire
Marie-Claire
Marie-Claire is a given name. It is a combination of the names Marie and Claire, which are both of French origin. It may refer to:* Marie-Claire Alain , organist and organ teacher* Marie-Claire Baldenweg , contemporary artist...
Group.
From a conglomerate to a media-diversified group
With the death of Jean-Luc LagardèreJean-Luc Lagardère
Jean-Luc Lagardère was a major French businessman, CEO of the Lagardere Group, one of the largest French conglomerates....
on March 14, 2003, Arnaud Lagardère
Arnaud Lagardère
Arnaud Lagardère, born in Boulogne-Billancourt, France, on March 18, 1961, is the son of Jean-Luc Lagardère, the former chairman of Matra and Hachette...
was appointed General Partner of Lagardère SCA. That same year, Lagardère sold off its interest in Renault
Renault
Renault S.A. is a French automaker producing cars, vans, and in the past, autorail vehicles, trucks, tractors, vans and also buses/coaches. Its alliance with Nissan makes it the world's third largest automaker...
as well as its automotive engineering business. In 2004, the Group acquired 40% of Editis
Editis
Editis is the second-largest publishing group in France, created in January 2004 by the regrouping of approximately 60% publishing assets of Vivendi, the other part having been sold to Lagardère Group....
(formerly Vivendi Universal Publishing). Lagardère took advantage of the growth of TNT to launch the youth channel Gulli
Gulli
Gulli is a French television network dedicated to children's programming. It is available through digital terrestrial television "TNT" in partnership with Lagardère Active, and France Télévisions with children's programmes from France 3. Gulli is also known as Cyperbot.-Programmes:Children can...
in partnership with France Télévisions
France Télévisions
France Télévisions is the French public national television broadcaster. It is a state-owned company formed from the bringing together of the public television channels France 2 and France 3 , later joined by the legally independent channels France 5 , France Ô , and France 4 France Télévisions ...
.
In 2006, aware that Sports was a buoyant market, Arnaud Lagardère created Lagardère Sports, a new branch of the Group specializing in sports economics and sporting rights. Lagardère also became the new franchisee of the Croix-Catelan (Bois de Boulogne, Paris) and the Rue Eblé sports and recreation sites, for a twenty-year period.
On May 31, 2010, Lagardère Sports changed its name and became Lagardère Unlimited, a new branch of the group specializing in sport industry and entertainment.
2010 Shareholders meeting
Seventeen years after the creation of the limited partnership disputed by an American activist, the SCA (the French limited partnership with shares ) was confirmed by nearly 80% of shareholders at the Shareholders Meeting on April 27, 2010.Agreement between Lagardère SCA and Hearst Corporation
On 28 March 2011, Lagardère SCA signed a contract for the sale of its international magazine business (102 titles) to Hearst CorporationHearst Corporation
The Hearst Corporation is an American media conglomerate based in the Hearst Tower, Manhattan in New York City, New York, United States. Founded by William Randolph Hearst as an owner of newspapers, the company's holdings now include a wide variety of media...
for €651 million.
The transaction includes a Master License Agreement (MLA) relating to the ELLE
Elle
Elle may refer to:*Elle, Central African Republic*Elle , a fashion publication*Ellé, a river in France*Elle , a female given name*Elle , a Sri Lankan game similar to baseball*Ælle of Sussex, a Saxon king...
trademark in the 15 countries affected by the transfer, in return for which the Group will receive an annual recurring royalty payment. Lagardère will retain complete ownership of its magazine business operations in France
France
The French Republic , The French Republic , The French Republic , (commonly known as France , is a unitary semi-presidential republic in Western Europe with several overseas territories and islands located on other continents and in the Indian, Pacific, and Atlantic oceans. Metropolitan France...
and of its ELLE trademark throughout the world. The closing of the transaction remains subject to approval by local partners in certain countries as well as to certain customary governmental approvals and antitrust clearances in certain jurisdictions.
Management
The management structure of Lagardère reflects its status as a Société en commandite par actions (partnership limited by shares): the firm is led by general and managing partner Arnaud LagardèreArnaud Lagardère
Arnaud Lagardère, born in Boulogne-Billancourt, France, on March 18, 1961, is the son of Jean-Luc Lagardère, the former chairman of Matra and Hachette...
who heads an executive committee comprising four co-managing partners (Philippe Camus
Philippe Camus (businessman)
Philippe Camus is the current non-executive Chairman of the Board of Alcatel-Lucent. He is a French national.-Biography:Philippe Camus was born in 1948. He is a graduate of the Institut d'Études Politiques de Paris and the École Normale Supérieure....
, Pierre Leroy, Dominique D'Hinnin and Thierry Funck-Brentano) and spokesperson and chief of external relations Ramzi Khiroun.
Each of the four main divisions of the company has its own chairman and CEO, with Lagardère Publishing led by Arnaud Nourry, Lagardère Active by Denis Olivennes, Lagardère Services by Dag Rasmussen and Lagardère Unlimited by Arnaud Lagardère.
The company is overseen by a largely independent supervisory board
Supervisory board
A supervisory board or supervisory committee, often called board of directors, is a group of individuals chosen by the stockholders of a company to promote their interests through the governance of the company and to hire and supervise the executive directors and CEO.Corporate governance varies...
, which has been chaired by Xavier de Sarrau since April 2010. Its other members are Bernard Arnault
Bernard Arnault
Bernard Arnault is a French business magnate who is best known as the chairman and CEO of the French conglomerate LVMH. According to Forbes Magazine, Arnault is the world's 4th and Europe's richest person, with a 2011 net worth of US$41 billion.-Education and business career:Arnault was born...
, Martine Chêne, Georges Chodron de Courcel, François David, Pierre Lescure, Raymond Lévy, Jean-Claude Magendie, Christian Marbach, Javier Monzón, Amélie Oudéa Castéra, Didier Pineau-Valencienne, François Roussely, Susan M. Tolson and Patrick Valroff.
Business lines
- Lagardère PublishingHachette Livre-France:*Calmann-Lévy*Deux Coqs d'Or*Disney Hachette Edition*EDICEF*Editions 1*Editions du Chêne**E.P.A*Éditions Dunod*Editions Foucher*Editions Stock*Fayard**Editions Mille et Une Nuits**Editions Mazarine**Pauvert*Gautier-Languereau*Grasset...
- The world's second-largest trade-book publisher for the general public and educational markets (first in France and the United Kingdom, second in Spain and fifth in the United States), Lagardère Publishing is a federation of publishing houses united by common management rules and a concerted effort to expand digital activities.
- Lagardère Active
- Lagardère Active is a global leader in the production and aggregation of multimedia structured around six business segments: magazine publishing (ELLEElle (magazine)Elle is a worldwide magazine of French origin that focuses on women's fashion, beauty, health, and entertainment. Elle is also the world's largest fashion magazine. It was founded by Pierre Lazareff and his wife Hélène Gordon in 1945. The title, in French, means "she".-History:Elle was founded in...
, Paris MatchParis MatchParis Match is a French weekly magazine. It covers major national and international news along with celebrity lifestyle features. It was founded in 1949 by the industrialist Jean Prouvost....
, etc.), radio (Europe 1Europe 1Europe 1, formerly known as Europe n° 1, is a privately owned radio network created in 1955. It is one of the leading French radio broadcasters and heard throughout France...
, Virgin RadioVirgin Radio (France)Virgin Radio is a French network of FM radio stations dedicated to Rock and Pop music, operating on 250 different frequencies across France. Its musical programming is closely related to the American Hot Adult Contemporary format...
, Radio ZETRadio ZetRadio ZET – Polish commercial radio station. The current owner of the station is Eurozet. The editor-in-chief of Radio ZET is Mateusz Kirstein. The Radio started broadcasting on 28 September 1990, being the first private radio station in Warsaw.-History:...
, etc.), television broadcasting (GulliGulliGulli is a French television network dedicated to children's programming. It is available through digital terrestrial television "TNT" in partnership with Lagardère Active, and France Télévisions with children's programmes from France 3. Gulli is also known as Cyperbot.-Programmes:Children can...
, MCM, Mezzo, etc.), audiovisual production, digital activities (Doctissimo, Elle.fr, etc.) and advertising sales.
- Lagardère Active is a global leader in the production and aggregation of multimedia structured around six business segments: magazine publishing (ELLE
- Lagardère Services
- Lagardère Services operates a network of duty-free shops, concept stores and stores selling press, convenience products and services supported by brands such as Relay and Virgin which can be found in transport hubs.
- Lagardère Unlimited
- Lagardère Unlimited was originally created for athletes but soon expanded to other creative talent, currently active in 6 related areas: representation of prominent artists and athletes, management of sports academies, events planning and logistics, management of medias, marketing and consulting.
Shareholding
- EADS (European Aeronautic Defence and Space Company) (at 7,5 %)
- EADS was created in July 2000, by consolidating Aerospatiale Matra, DaimlerChrysler Aerospace AG (“Dasa”), and Construcciones Aeronáuticas SA (“CASA”). Lagardère co-controls EADS, in which it holds a 7.5% stake. EADS is the European leader in aeronautics, space, and defense, and holds the number-two spot worldwide.
Foundation
- Jean-Luc Lagardère Foundation
- Since 1989, the Jean-Luc Lagardère Foundation (under the aegis of the Fondation de FranceFondation de FranceThe Foundation de France is an independent administrative agency which was established by the French government in an effort to stimulate and foster the growth of private philanthropy and private foundations in France.-History:...
) has supported and encouraged the careers of young talents, in France and around the world. It has developed many programs to promote diversity and success. The Jean-Luc Lagardère Foundation is involved in culture, solidarity, and sports. The Foundation celebrated its 20th year in 2009. - It has rewarded young filmproducers like Carole Scotta founder of Haut et Court movie company, scriptwriters like Phil Ox who became producer in France and England, novelwriters including Agnes Desarthe, photographers like Emily Buzin and Tiane Doan Na Champassak and also journalists as Stephane Edelson that by 1993 wrote about the economist and banker Muhammad YunusMuhammad YunusMuhammad Yunus is a Bangladeshi economist and founder of the Grameen Bank, an institution that provides microcredit to help its clients establish creditworthiness and financial self-sufficiency. In 2006 Yunus and Grameen received the Nobel Peace Prize...
and the influence of his work on the empowerment of women.
- Since 1989, the Jean-Luc Lagardère Foundation (under the aegis of the Fondation de France
Financial data
| Year | 2009 | 2010 | ∆ 2009/2010 |
|---|---|---|---|
| Net sales (M€) | +0.9% | ||
| Recurring EBIT before associates (in M€) | 461 | 462 | NA |
| Net interest expense | (82) | (82) | - |
| Income tax expense | (123) | (67) | - |
| Consolidated net income | 164 | 194 | +18.8% |
| Consolidated net income attributable to the Group | 137 | 163 | +19.3% |
| Adjusted net income attributable to the Group (excl. contribution from EADS) | 262 | 284 | +8.4% |
| Year | 2010 |
|---|---|
| France France The French Republic , The French Republic , The French Republic , (commonly known as France , is a unitary semi-presidential republic in Western Europe with several overseas territories and islands located on other continents and in the Indian, Pacific, and Atlantic oceans. Metropolitan France... |
34.4% |
| European Union European Union The European Union is an economic and political union of 27 independent member states which are located primarily in Europe. The EU traces its origins from the European Coal and Steel Community and the European Economic Community , formed by six countries in 1958... |
36.2% |
| Rest of Europe | 8.3% |
| USA and Canada Canada Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean... |
12.2% |
| Middle East | 0.4% |
| Asia-Oceania | 6.6% |
| Other (Africa, Latin America) | 1.8% |
Stock market data
- Stock listed with the Paris Stock Exchange
- Member of the CAC Next 20CAC Next 20The CAC Next 20 is an index of security prices used with the Euronext Paris. It gathers the 20 companies whose market capitalizations are ranked after those of the 40 companies who compose the CAC 40. These 20 are possible candidates to replace the members of the CAC 40 index. The CAC Next 20 was...
Index - ISIN Stock Code = FR0000130213
- Nominal value = 6.10€
| % of capital | % of voting rights | |
|---|---|---|
| Lagardère Capital & Management | 9.62 | 14.01 |
| Treasury stock | 3.13 | 0.00 |
| Employees and Group Savings Plan investment funds | 1.34 | 2.18 |
| Individual investors | 6.88 | 9.94 |
| French institutional investors | 15.71 | 17.54 |
| Non-French institutional investors | 63.32 | 56.33 |
| Total | 100 | 100 |