By Jill Goldsmith French conglom Vivendi said the coronavirus had only a “limited impact” on revenue last quarter as its generally upbeat earning kicked off reporting season in Europe and came ahead of a blitz of numbers from the U.S.
entertainment sector starting tomorrow with Netflix. A downturn last month was pretty much contained to its advertising division Havas and publishing unit Editis.
Those businesses “experienced variable performance in March … due to the crisis,” Vivendi said, announcing total revenue up nearly 12% to €3.9 billion ($4.23 biillion at today’s exchange rate). “Each of Vivendi’s businesses is closely monitoring the current and potential effects of this outbreak.
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