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Vivendi posts organic revenue drop of 8% in Q2, hurt by Covid-19 lockdown

Friday 31 July 2020 | 20:28 CET | News
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Vivendi generated second-quarter revenues of EUR 3.71 billion, down 7.9 percent on an organic basis (+4.4% in Q1). All business lines posted negative growth, with Havas, Vivendi Village and Editis suffering a considerable contraction from the effects of the Covid-19 pandemic. Commenting on the outlook for the second half of the year, the group said that it was difficult at this stage to determine the impact of the current crisis on its annual results.

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