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MarketScreener Homepage  >  Equities  >  Euronext Paris  >  Lagardère    MMB   FR0000130213

LAGARDÈRE (MMB)
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France's Lagardere to sell online health units to TF1 and Doctolib

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07/12/2018 | 08:44am CEST
The logo of French media group Lagardere is seen at the group's shareholders meeting in Paris

PARIS (Reuters) - Lagardere has agreed to sell its online health businesses for an enterprise value of 60 million euros (53.02 million pounds), the French media group said on Thursday.

It said it had agreed to sell online medical appointment platform MonDocteur to Doctolib.

It also said French TV and media group TF1 was in exclusive talks to buy Lagardere's Doctissimo health information arm.

Lagardere, which owns France's Europe 1 radio station, has been selling assets over the last year to improve its cash flow.

(Reporting by Sudip Kar-Gupta; editing by Jason Neely)

Stocks mentioned in the article
ChangeLast1st jan.
BOUYGUES 0.76% 37.1 Real-time Quote.-14.34%
LAGARDÈRE -1.57% 25.77 Real-time Quote.-3.59%
TF1 2.79% 9.59 Real-time Quote.-21.94%
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Financials (€)
Sales 2018 7 203 M
EBIT 2018 413 M
Net income 2018 216 M
Debt 2018 1 219 M
Yield 2018 5,06%
P/E ratio 2018 16,17
P/E ratio 2019 17,53
EV / Sales 2018 0,64x
EV / Sales 2019 0,61x
Capitalization 3 379 M
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Technical analysis trends LAGARDÈRE
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Mean consensus OUTPERFORM
Number of Analysts 13
Average target price 28,4 €
Spread / Average Target 10%
EPS Revisions
Managers
NameTitle
Arnaud Lagardère Chairman-Management Board & CEO
Xavier de Sarrau Chairman-Supervisory Board
Pierre Leroy Deputy Chairman, Co-COO & Co-Managing Partner
Thierry Funck-Brentano Co-Chief Operating Officer & Co-Managing Partner
Gérard Adsuar Chief Financial Officer
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