A €68m positive scope effect included the first-time consolidation of Lagardère Travel Retail’s duty-free operations at Amsterdam Airport Schiphol from May 2025. Travel retail revenue approaches €3bn in first halfLagardère Travel Retail generated revenue of €2.98bn during the first half, representing growth of 3.1% as reported and 3.3% like for like. “Lagardère Travel Retail maintained its growth momentum despite the impacts of the situation in the Middle East, buoyed by Europe and the Americas,” Arnaud Lagardère said. Second-quarter travel retail revenue reached €1.61bn, rising by 1.7% as reported and 2.2% like for like. The effects were also felt in France, where travel retail revenue declined by 4%.