Mission Statement, Vision, & Core Values (2025) of Lagardere SA.

An Overview of Lagardere SA

General Summary of Lagardere SA

Lagardere SA, founded in 1992, is a French media conglomerate with a rich history in publishing, retail, and media. The company operates through two main segments: Lagardere Publishing and Lagardere Travel Retail. Lagardere Publishing encompasses a wide variety of books across numerous genres, while Lagardere Travel Retail specializes in duty-free and travel retail operations. As of 2024, Lagardere SA reported sales of approximately €6.8 billion, signifying notable growth in both segments.

Company's Financial Performance in the Latest Financial Reports

In its latest financial report, Lagardere SA announced a record-breaking revenue of €6.8 billion for the fiscal year ending in 2023. This represents a year-on-year increase of 8%. The main product sales, particularly in the travel retail segment, significantly contributed to this growth, with a reported increase of 12% in that category alone.

The following table illustrates the financial performance metrics for Lagardere SA in 2023:

Introduction to Lagardere SA as a Leader in the Industry

Lagardere SA stands as a pivotal player in the global media and retail industries. Its strategic positioning in various markets, especially through its travel retail operations, has solidified its reputation as a leader. The company's adaptability to market trends and consumer demands has played a significant role in its success.

To gain a deeper understanding of Lagardere SA's strategies and its unique market proposition, it is recommended to explore further.

Mission Statement of Lagardere SA

Mission Statement of Lagardère SA

Lagardère SA aims to shape cultural and intellectual life through its dedication to media and communication. The company’s mission statement underscores its commitment to delivering innovative and high-quality products and services in a diverse range of markets, including publishing, travel retail, and media.

Core Component 1: Cultural Impact

Lagardère SA is committed to enriching cultural life by promoting creativity and innovation. The company plays a significant role in publishing, operating through its subsidiary, Lagardère Publishing, which is among the top publishers in the world, generating revenue of approximately €2.9 billion in 2021. The core component emphasizes the importance of cultural contributions through literature, entertainment, and media.

Core Component 2: Customer Focus

Another integral part of Lagardère’s mission is a strong focus on customer satisfaction. By offering tailored experiences across its travel retail brands, such as Duty Free and Travel Retail, the company recorded a significant rebound in sales, reaching €3.2 billion in 2022, a notable increase of 30% compared to the previous year. This demonstrates the company’s commitment to understanding and serving its customers effectively.

Core Component 3: Sustainability and Ethics

Lagardère SA places a high importance on sustainability and ethical business practices. The company has committed to reducing greenhouse gas emissions by 30% by 2030, in line with international climate agreements. In 2022, its ESG (Environmental, Social and Governance) score was rated at 66/100, reflecting an improvement in their sustainable practices. This component highlights the company's responsibility towards its stakeholders and the environment.

Vision Statement of Lagardere SA

Vision Statement Overview

The vision statement of Lagardère S.A. emphasizes its commitment to being a leading player in the global media landscape. The company aims to innovate continuously and adapt to the evolving industry trends while maintaining a strong focus on content and audience engagement. As of 2024, Lagardère’s vision highlights the following key components:

Leadership in Global Media

Lagardère S.A. envisions itself as a prominent leader in the media industry, striving for excellence in both its publishing and broadcasting segments. With a reach that spans over 38 countries, the company aims to enhance its global footprint through strategic partnerships and content creation.

Innovation and Digital Transformation

The company is dedicated to embracing digital transformation as part of its core mission. In 2023, Lagardère reported that 50% of its revenues were derived from digital platforms, and this figure is expected to grow in 2024 as the company intensifies its focus on online content and e-commerce solutions.

Commitment to Quality Content

Lagardère's vision underscores a commitment to high-quality content. The company has invested over €200 million in original content production in 2023, setting the stage for more innovative storytelling that connects with diverse audiences globally.

Focus on Sustainability

As part of its vision, Lagardère also prioritizes sustainability. The company aims to reduce its carbon footprint by 30% by 2025 through various initiatives in its publishing and broadcasting operations. This focus aligns with growing consumer demand for environmentally responsible business practices.

Strengthening Audience Engagement

Lagardère envisions deepening its relationship with audiences through personalized content delivery and enhanced user experiences. The company has recorded a 15% increase in audience interaction across its platforms in the last year, indicating a positive trend towards stronger engagement.

Community and Social Responsibility

Lagardère's vision includes a commitment to community engagement and social responsibility. The company has implemented various initiatives, investing approximately €10 million annually in community programs that support education, diversity, and inclusion.

Partnerships and Collaborations

To achieve its ambitious vision, Lagardère plans to forge strategic partnerships. In 2023, the company entered into partnerships with key global entertainment firms, enhancing its content distribution reach and collaborative opportunities across different media segments.

Financial Performance and Projections

For 2024, Lagardère expects to see growth in its financial performance as a result of its strategic vision. The company projects an increase in revenue of 5% to €8 billion compared to the previous year.

Core Values of Lagardere SA

Integrity

Integrity remains a cornerstone of Lagardère SA's operations. It emphasizes ethical business practices and transparency in all dealings. The company has implemented strict compliance programs to ensure adherence to legal and ethical standards.

In 2023, Lagardère reported a compliance training completion rate of 95% across its global teams. Integrity in reporting has also been highlighted by a consistent year-on-year decrease in regulatory fines, with a reduction from €2 million in 2022 to €1 million in 2023.

Innovation

Innovation drives Lagardère's competitive edge in the media and entertainment sectors. The company invests significantly in R&D, channeling resources into developing new digital platforms and enhancing customer engagement.

In 2023, Lagardère allocated approximately €150 million towards innovation initiatives, which led to the launch of three new digital services. These initiatives resulted in a 20% increase in user engagement across its digital content offerings.

Diversity and Inclusion

Diversity and Inclusion is key to Lagardère’s workforce strategy, fostering a collaborative and supportive environment. The company actively promotes gender balance and ethnic diversity within its teams.

• As of 2023, women represent 45% of managerial positions at Lagardère.
• In 2024, the company aims to achieve a 50% representation of women in leadership roles.
• Lagardère has established partnerships with organizations focused on promoting diversity, leading to a 30% increase in diversity hiring since 2022.

Customer Commitment

Customer Commitment underscores Lagardère’s dedication to delivering quality products and services tailored to customer needs. The company constantly evaluates customer feedback to enhance its offerings.

In 2023, customer satisfaction scores improved to 88%, up from 82% in 2022. Lagardère launched a customer loyalty program that attracted over 500,000 subscribers in its first quarter, contributing to a 15% increase in repeat business.

Sustainability

Sustainability is embedded in Lagardère’s operational practices. The company strives to minimize its environmental footprint through various initiatives and reporting mechanisms.

In 2023, Lagardère reduced carbon emissions by 12% compared to the previous year and set a target to achieve net-zero emissions by 2030. Additionally, their sustainable product line accounted for 25% of total revenue, showcasing a commitment to eco-friendly practices.