Lagardère Sports & Entertainment: €515m turnover in 2015 (+19.6% at constant perimeter)

Lagardère Sports & Entertainment, the branch of the Lagardère Group dedicated to sport, has announced a turnover of €515m in 2015, up 30.9%, but 19.6% at constant perimeter, on 09/03/2016. Net income before tax has increased by €16m to €20m.

The €17m increase in activity is related to the "favourable impact" of the sporting calendar which includes the Orange Africa Cup of Nations in Equatorial Guinea (from 17/01 to 08/02/2015) and the Asian Cup in Australia (from 09/01 to 31/01/2015). Another reason given for the increase is the good performance of the marketing operations branch in Europe and the services branch (ticketing, marketing and media rights) in the specific management of the African Games in Brazzaville (Republic of Congo) from 04 to 19/09/2015.

Lagardère Sports earns 42% of its revenue from marketing rights (48% in 2014), and 26% from TV rights (19% in 2014). Its biggest market is in Germany (22%), with the strongest growth found in the MENA market (from 9% to 16%).

Lagardère Sports & Entertainment generated 7.2% of the total turnover of the Lagardère group in 2015

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