Louis Hachette Group (ALHG) Investor presentation summary

Key financial highlights

• 2024 revenue reached €9,235m, with EBITDA at €800m and free cash flow of €420m.

• Net debt reduced to €1,826m by year-end 2024, down €381m from the previous year.

• EBITA hit a record €510m, up 4% year-on-year, and leverage ratio improved to 2.4x.

• Over 34,000 employees operate in more than 45 countries.

Business segments and market positions

• Publishing generated €2,873m revenue (31% of group), with strong international presence and #3 global position.

• Travel Retail contributed €5,812m (63% of group), ranking #3 globally, with a balanced portfolio across regions and activities.

• Live & Entertainment and Prisma Media provided additional diversification, with Prisma Media leading in French cross-media publishing.

Market dynamics and growth drivers

• Publishing benefits from resilient, growing markets, digital expansion, and strategic consolidation opportunities.

• Travel Retail is a €120bn market with 5–7% CAGR forecast, driven by rising travel demand and infrastructure development.

• Prisma Media reaches 40 million French people monthly, with 36% of revenue from digital.