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Revenue dip hits Lagardère Active

Lower TV production year-on-year pushed revenues for French conglomerate Lagardère’s media arm down for the first quarter. Lagardère Active posted revenues of €202 million (US$278 million), down 8.9% year-on-year on a like-for-like basis. Excluding TV production, which Lagardère said had experienced an “extremely strong” quarter last year, the unit posted a 5.6% decline, largely due […]