Vivendi Posts First-Half Revenues of $9.8 Billion, Bolstered by Canal+, Lagardere
variety.comElsa Keslassy International Correspondent Vivendi, the parent company of French pay TV banner Canal+ Group, saw its 2024 first-half revenues reach €9.05 billion ($9.8 billion), a 5.8% year-on growth.
The media conglomerate also posted a 98.4% spike in second-quarter revenues. Lagardère, the media, publishing and travel retail conglomerate which was acquired last year, as well as Canal+ Group, bolstered revenues.
Vivendi also boasted an EBITA of $671 million — 39.3% up compared with the first half of 2023, driven by the consolidation of Lagardère and the growth of Havas.
At constant currency and perimeter, EBITA increased by 13.5%, while adjusted net income reached $357 million. Canal+ Group’s revenues went up by 4.6% to $3.2 billion, helped by TV operations in mainland France and overseas.
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