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First-Half 2025 Results

Louis Hachette Group:
Solid first-half results
(revenue up 3%1 and EBITA up 5%2)
lifted by the complementarity and strong performances of all businesses
Deleveraging continues apace


Lagardère Publishing
Revenue up 1%1
thanks especially to the English language business and diversification
Solid EBITA of €103 million

Lagardère Travel Retail
Strong 4% growth in revenue1,
driven by business in Europe and solid performances in North America
Record EBITA of €117 million

Lagardère Live (formerly Other Activities)
Revenue up 3%1
and sharp reduction in losses thanks to cost savings

Prisma Media
Slight decline in revenue (down 3%1) amid complex market conditions

1 Like for like.
2 Alternative performance measure (see Glossary for definition).

Jean-Christophe Thiery, Chairman and Chief Executive Officer of Louis Hachette Group, commented: “In the first half of 2025, Louis Hachette Group posted solid growth. All the Group’s businesses contributed to generating an all-time high EBITA of €220 million. Lagardère Publishing has confirmed its leading positions, with growth driven in particular by several English language bestsellers, and by our successful expansion in Board Games. Lagardère Travel Retail saw sustained revenue growth and record EBITA. Lagardère Live – the new name given to the former Other Activities segment – maintained its recovery, with a sharp improvement in EBITA, thanks in particular to continued growth in audience figures at Europe 1 and rigorous cost discipline. Lastly, Prisma Media is consolidating its footprint in the Luxury and Lifestyle segment amid tough trading conditions, while restructuring efforts weighed on its operating performance. The Group is also continuing to reduce its debt, backed once again by very strong cash generation in the first half.” 

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Published 24 July 2025
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