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Louis Hachette (ALHG) investor relations material
Louis Hachette Q3 2025 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 2025 organic revenue growth reached 4.8%, driven by strong performances in Publishing and Travel Retail, both achieving record revenues and benefiting from new store openings in Amsterdam and Auckland.
Publishing saw robust growth from diversification, bestsellers, and board games, with exceptional results across all geographies.
Travel Retail achieved record revenue, supported by expansion in Europe, North America, Africa, and the Middle East.
Lagardère Live and Prisma Media faced revenue declines but maintained leading positions in their markets despite challenging advertising and print environments.
Nine-month revenue reached €7,100m, up 4.0% as reported and 3.5% like-for-like.
Financial highlights
Q3 2025 total revenue was €2,605m, up 4.8% year-over-year; nine-month revenue reached €7,100m, up 4.0% as reported and 3.5% like-for-like.
Publishing Q3 revenue: €811m (+5.9% reported, +6.6% like-for-like); Travel Retail Q3 revenue: €1,695m (+6.2% reported, +5.0% like-for-like).
Lagardère Live Q3 revenue: €42m (-25% reported, -2.0% like-for-like); Prisma Media Q3 revenue: €57m (-14% reported, -14.4% like-for-like).
Positive scope effects from acquisitions and consolidation, partially offset by negative currency impacts.
Nine-month revenue: Publishing +4.1%, Travel Retail +5.5%, Live -18.5%, Prisma Media -6.0%.
Outlook and guidance
The group continues to invest, maintain financial flexibility, focus on gradual debt reduction, and pay regular dividends while seizing strategic growth opportunities.
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