Vivendi reports 4.5% revenue growth in third quarter

Wednesday 11 November 2015 | 10:10 CET | News
Vivendi reported revenue up 4.5 percent to EUR 2.52 billion in the third quarter, compared to EUR 2.41 billion in the third quarter of 2014. Revenue included a EUR 100 million favourable impact, primarily attributable to Universal Music, due to US Dollar and British Pound appreciation against the Euro. EBITDA declined by 19.3 percent to EUR 219 million from EUR 310 million, reflecting the increase in restructuring charges at Canal Plus related to the new organisation put in place this summer. Vivendi made a EUR 201 million net loss (-EUR 0.15 per share) attributable to shareholders, compared

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