Lagardère Sports and Entertainment, which operates the Lagardère Sports agency, has reported a marginal increase in turnover for the 2016 financial year.
Revenue for the division totalled €517m ($546m), up 1.5 per cent on a like-for-like basis and 0.3 per cent on a consolidated basis.
The company cited the “favourable sporting calendar over the second half of the year,” namely the Asian and African qualifiers for the 2018 Fifa World Cup, as well as the Asean Football Federation Suzuki Cup.
Recurring earnings before interest and tax was stable at €20m.
Parent company Lagardère reduced its overall debt from €1.551bn to €1.389bn.