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General

Vivendi Q3 revenue and EBITA rise, driven by Universal Music

Thursday 10 November 2016 | 11:16 CET | News
Vivendi's third quarter performance recovered after a disappointing second quarter, returning to positive revenue growth and significantly improving EBITA (adjusted earnings before interest and income taxes). Group revenue reached EUR 2.67 billion (+ 5.9% unadjusted and + 3.8% at constant currency and parameters), while EBITA bounced back after two consecutive quarters in negative territory (+26.5%, compared to -41.5% in Q2 and -2.5% in Q1). The group's quarterly performance was driven by growth at Universal Music, which saw a strong rise in subscription and streaming revenues, as well as

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Categories: General
Companies: Canal + / Vivendi
Countries: World
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