FACTBOX-Lagardere from Elle to EADS

April 26 (BestGrowthStock) – Lagardere (LAGA.PA: ) is a conglomerate
of activities ranging from books to sports rights management. An
activist investor is rallying support for an overhaul of the
group’s corporate governance and a clearer strategic focus.

For an analysis on Lagardere, please double click on
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* Jean-Luc Lagardere created Lagadere Groupe in 1992,
bringing together the Matra car and aerospace activities and the
Hachette publishing house.

* It made an operating profit of 461 million euros in 2009
on sales of 7.9 billion and employs 29,500 people.

* Lagardere Publishing includes the Hachette, Larousse and
Grasset imprints as well as Spain’s Anaya and Little, Brown and
Company in the United States. It has prospered in recent years
by publishing Stephenie Meyer’s Twilight series.

* Lagardere Active includes magazines such as Elle, Paris
Match and Journal du Dimanche Sunday paper, Europe 1 and Virgin
radio, Gulli, Virgin 17 television.

* Lagardere Services includes Relay and Virgin media shops
that are located in airports and train stations.

* Lagardere Sports includes the Sportfive, IEC in Sport,
Upsolut and World Sport Group in sport marketing and management.

* It has a 7.5-percent stake in aerospace and defence group
EADS (EAD.PA: ) as main French industrial owner.

* Its market capitalisation is 4.14 billion euros and the
share has gained about 30 percent over the past year.

* It trades at a 2010 price-to-earnings ratio of 13, in line
with the media sector average. Its 2011 PE ratio is 11, compared
with the sector average of 12.

* The group is a limited partnership with two partners —
Arnaud Lagardere and the firm Arjil, which includes the main
directors Philippe Camus, Pierre Leroy, Dominique d’Hinnin and
Thierry Funck-Brentano. These five make up the all-powerful
executive committee that directs the group and its strategy.

* Lagardere’s is a “societe en commandite,” which allows the
CEO and the founder’s son Arnaud Lagardere to keep control and
prevent takeovers even though he owns 9.62 percent of shares.

* Orbis, Natixis and Groupama are the biggest institutional
holders with stakes from 2.5 to 1.68 percent while Lagardere
staff owns 1.38 percent.

* The company has 14 supervisory board members. The mandates
of chairman Raymond Levy, Bernard Arnault, Amelie Oudea Castera
and Francois Roussely expire at the April 29 general meeting.

Source – Lagardere website, Reuters data

Stock Today

(Reporting by Marcel Michelson, Editing by Sitaraman
Shankar)

FACTBOX-Lagardere from Elle to EADS