(IN BRIEF) Louis Hachette Group, a global leader in publishing, travel retail, and media, listed on Euronext Growth Paris on December 16, 2024, with a market capitalisation of €1.11 billion at an admission price of €1.12 per share. Employing 32,500 people across more than 40 countries, the company aims to drive innovation and sustainable growth in its core sectors. CEO Jean-Christophe Thiery emphasized the listing as a pivotal step in shaping the future of the industries it serves while delivering long-term value.
(PRESS RELEASE) PARIS, 16-Dec-2024 — /EuropaWire/ — Louis Hachette Group, a global leader in publishing, travel retail, and media, has officially listed on Euronext Growth Paris under the ticker code ALHG. The listing on December 16, 2024, marks the 46th on Euronext and the 10th on Euronext Paris this year, with the company’s market capitalisation reaching €1.11 billion at an admission price of €1.12 per share.
With a workforce of 32,500 across more than 40 countries, Louis Hachette Group has established itself as a prominent and diversified player in its sectors. The listing involved the admission of 991,996,494 shares, showcasing the company’s robust position and readiness for future opportunities.
Jean-Christophe Thiery, Chairman and CEO of Louis Hachette Group, highlighted the strategic significance of the listing: “By uniting innovative leaders across publishing, travel retail, and media, Louis Hachette Group is driving the transformation of these industries. Our listing marks a new chapter as we embrace opportunities to achieve sustainable growth across all our activities, with a clear focus on creating long-term value.”
This milestone reinforces Louis Hachette Group’s leadership in its core sectors and positions the company to capitalize on new opportunities as it continues to shape the future of publishing, travel retail, and media.
About Louis Hachette Group
Louis Hachette Group, which owns 66.53% of Lagardère SA and 100% of Prisma Media, is a global group with some 32,500 employees in more than 40 countries.
It is a leading and diversified player in the fields of publishing, travel retail and media:
- Lagardère Publishing, the world’s third-largest publishing group for the general public in the trade and educational markets, and the leader in France: Books (paper, digital and audio formats), Partworks, Board Games, Premium Stationery.
- Lagardère Travel Retail, the world’s third-largest travel retail merchant and number one in France: Travel Essentials, Duty Free & Fashion, and Dining.
- Prisma Media, the French leader in magazines and digital press, with a portfolio of over 40 leading titles.
The Group also carries out other activities in the media and entertainment space with Lagardère News (press and the Elle brand licence), Lagardère Radio (radio and advertising sales brokerage), Lagardère Live Entertainment (performing arts) and Lagardère Paris Racing (sports club).
In 2023, Louis Hachette Group’s activities generated revenue of €8,390 million.
The company is listed on Euronext Growth (Paris) (ALHG/FR001400TL40).
For more information, visit https://www.louishachettegroup.com/en
About Euronext
Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With nearly 1,900 listed issuers and around €6.3 trillion in market capitalisation as of end September 2024, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.
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Disclaimer
This press release is for information purposes only and is not a recommendation to engage in investment activities. This press release is provided “as is” without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, Euronext does not guarantee its accuracy or completeness. Euronext will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. All proprietary rights and interest in or connected with this publication shall vest in Euronext.
This press release speaks only as of this date. Euronext refers to Euronext N.V. and its affiliates. Information regarding trademarks and intellectual property rights of Euronext is located at www.euronext.com/terms-use.
© 2024, Euronext N.V. – All rights reserved.
Media Contacts:
EURONEXT:
Corporate, Paris
Flavio Bornancin-Tomasella +33 1 70 48 24 45
LOUIS HACHETTE GROUP:
Medias communication@louishachettegroup.com
Investors Relations
Emmanuel Rapin +33 1 40 69 17 45 ir@louishachettegroup.com
SOURCE: Euronext
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