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Vivendi posts 5% organic revenue growth in Q1, driven by Universal Music and Editis

Friday 23 April 2021 | 10:23 CET | News
Vivendi generated first-quarter revenues of EUR 3.90 billion, representing a year-on-year increase of 5.0 percent organically (+0.7% in Q4) and 0.8 percent on a reported basis (-1.8% in Q4). The group benefited from a better growth trend at its leading revenue-generating business, Universal Music, with sales up 9.4 percent organically to EUR 1.81 billion (+5.4% in Q4). This was coupled with a strong performance at Vivendi's publishing subsidiary Editis, where the organic growth rate improved to 40.1 percent (+6.9% in Q4), based on EUR 163 million worth of revenues.

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