Vivendi posts 19% organic revenue increase in Q2 as Canal Plus returns to growth in France

Friday 30 July 2021 | 09:43 CET | News
Vivendi reported an improving organic revenue trend, as year-on-year growth accelerated to 18.9 percent in the three months to June (+5.0% in Q1). The media group generated revenues of EUR 4.32 billion, of which EUR 2.02 billion came in from its Universal Music subsidiary (+25.5% organically). Canal Plus contributed EUR 1.43 billion worth of revenues, up 9.8 percent after a broadly stable performance (-0.1%) in the previous quarter. The broadcaster benefited from higher revenues at its French TV operations (EUR 773 million), reversing a negative revenue trend with a solid quarter (+5.6%). 

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Categories: Broadcast & Satellite
Companies: Canal Plus / Universal Music / Vivendi
Countries: France / World
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