Lagardère Travel Retail Q1 revenues rise +5.0% but Middle East conflict weighs on prospects

FRANCE/INTERNATIONAL. Lagardère Travel Retail posted a +5.0% reported (+4.8% like-for-like) increase in first-quarter to revenues to €1,365 million, parent company Lagardère announced today amid its own Q1 results (see charts below).

Lagardère said: “Lagardère Travel Retail delivered sustained revenue growth. Europe and the Americas continued on their growth path, supported by solid performances in certain key countries, while Asia-Pacific posted sustained growth following the takeover of the Auckland concession, despite the ongoing streamlining of the network in Mainland China.

“The conflict in the Middle East that broke out at the end of February 2026 weighed on air traffic and consumer spending during the first quarter. At this stage, it is too early to say how the situation will evolve.

“Lagardère Travel Retail is relying on its diversified geographic footprint and the resilience of its business model to mitigate the effects.”

More to follow tomorrow.

All graphics courtesy of Lagardère Travel Retail. Click on images to expand.

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