5. Segment

The information required by IFRS 8 reflects the Group organisational structure which includes the following Divisions: Books, Italian Magazines and French Magazines, Advertising, Direct Marketing and Retail and Radio Broadcasting and Central Units.

This structure gives a clear representation of the Group’s differentiation in terms of products sold and services rendered and is used as the basis for corporate reporting in the definition of corporate strategies and plans as well as in the valuation of investment opportunities and allocation of resources.

Information relating to segment reporting is included in the notes here below.

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