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Lagardere extends reach.
From:
Sunday Business (London)
| Date:
February 13, 2005
| COPYRIGHT 2005 Sunday Business. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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Byline: Ross Tieman
Feb. 13--Arnaud Lagardere, the youthful boss of the French publishing conglomerate that bears his name, is quietly laying the cornerstones for his ambition to build a global giant.
In the year to end-December, Lagardere, the group he took over upon the death of his father Jean-Luc two years ago achieved a 7.5 percent sales increase to E13.4bn ([pounds sterling]9.2bn, $17.2bn).
But the most striking feature was a 50 percent surge ...