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General

Vivendi confirms FY targets as Canal Plus recovery continues

Friday 17 November 2017 | 11:07 CET | News
Vivendi reported a mixed set of results for the three months to September, as performance slowed down at Universal Music while Canal Plus' metrics improved from the previous quarter. At group level, underlying revenues increased by 2.7 percent (+ 6.2 % in Q2), with reported revenues up 19.3 percent to EUR 3.18 billion including Havas (consolidated from July). Guidance for the full year has been confirmed, targeting organic revenue growth of more than 5 percent and a rise in EBITA of around 25 percent.

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Categories: General
Companies: Canal Plus / Ubisoft / Universal Music / Vivendi
Countries: France / World
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