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Canal Plus revenues up 2.7% in 2014, profits lower

Sunday 1 March 2015 | 16:55 CET | News

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Pay-TV provider Canal+ Group recorded revenues up 2.7 percent in 2014 to EUR 5.456 billion. At constant exchange rates and adjusting for acquisitions and disposals, sales rose 0.4 percent. The company's revenues in its home market France were lower, hurt by the increase in VAT on pay-TV, while revenues outside France, notably in Africa, were higher, thanks to an expansion in services. The group finished the year with a total 15.3 million subscriptions, an increase of 678,000 over the year, due mainly to growth in Africa and Vietnam, as well as Canalplay, its subscription video on demand offer

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Categories: Broadcast & Satellite
Companies: Canal+
Countries: France
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