French arms-to-media conglomerate LagardÃ¨reÂs broadcasting and magazines division, LagardÃ¨re Active, returned to growth in the first quarter, driven primarily by a slight improvement in the advertising market and by a strong uptick in the LagardÃ¨re Entertainment TV production business, which saw the delivery of a large number of programmes in the three months to March 31.
LagardÃ¨re Active revenues for the period were up 1.9% year-on-year, or 0.5% on a like-for-like basis, to Â407m, after a 16.2% fall in the previous quarter. LagardÃ¨re turned in overall revenues of Â1.751bn, down 1.5%.
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