4.1 Lagardère group business model
Section 1.4 of this Universal Registration Document provides detailed information on the Group’s strategy, business lines and model, key figures, markets, and more.
The Lagardère group’s overarching objective is to develop the loyalty of its audiences and consumers worldwide through powerful brands that deliver content publishing, production, broadcasting and distribution. The key features of this integrated model of value creation are presented in the chart below.
Business model
| Inputs and resources(1) | ||
|---|---|---|
| Human capital 27,535 employees 51% of women executives 48% of managers and executives with more than ten years’ service |
Financial capital €206 million in business investment €1,637 million in available liquidity Arrangement of a €465 million state-backed loan |
Environmental and societal capital 244 GWh tertiary power consumption(2) 160 kilotons of paper purchased and supplied 16,453 audiobooks available in the Lagardère Publishing catalogue at year-end |
| Businesses Lagardère is an international group with operations in more than 40 countries worldwide. It ranks among the world leaders in publishing (Lagardère Publishing) and travel retail (Lagardère Travel Retail). |
||
| Lagardère Publishing Books e-Books Mobile Games and Board Games |
Lagardère Travel Retail Travel Essentials Duty Free & Fashion Foodservice |
Other Activities(3) |
| Value creation(1) | ||
| Employee value 5,192 permanent recruitments 211,091 training hours Group-wide 43% of employees with a portion of variable remuneration 73% of workforce with employee representation |
Financial value €4,439 million in revenue €2,686 million in market capitalisation | Environmental and societal value 98% of paper purchased and supplied certified or recycled 18.1 tCO2eq of emissions per €m of revenue Lagardère is a member of the S&P Global Sustainability Yearbook 2021 |
(1) Data at 31 December 2020.
(2) Oil, gas, electricity and district heating.
(3) Mainly comprising Lagardère News (Paris Match, Le Journal du Dimanche, Europe 1, Virgin Radio, RFM and the Elle brand licence) together with Lagardère Live Entertainment.
Items appearing in the Annual Financial Report are cross referenced with the following symbol AFR
Workforce by geographic area at 31 December 2020
FRANCE
Lagardère Publishing 2,512
Lagardère Travel Retail 4,221
Other Activities 1,179
Total 7,912
EUROPE (EXCLUDING FRANCE
Lagardère Publishing 2,578
Lagardère Travel Retail 5,818
Other Activities 47
Total 8,443
AMERICAS
Lagardère Publishing 1,646
Lagardère Travel Retail 7,061
Total 8,707
ASIA-PACIFIC
Lagardère Publishing 143
Lagardère Travel Retail 2,160
Total 2,303
AFRICA
Lagardère Publishing 75
Lagardère Travel Retail 95
Total 170