Vivendi Q1 Revenues Up At EUR 4.275 Bln

Apr 29, 202405:46 UTC

Vivendi SE VIV:

STRONG REVENUE GROWTH IN THE FIRST QUARTER OF 2024
Q1 2024 REVENUES REACHED EUR 4.275 BLN, UP 5.4% AT CONSTANT CURRENCY AND PERIMETER COMPARED TO THE SAME PERIOD OF 2023
THE FEASIBILITY STUDY FOR THE SPLIT PROJECT ANNOUNCED ON DECEMBER 13, 2023, IS PROGRESSING
Q1 CANAL+ GROUP'S REVENUES EUR 1,542 MLN, UP 4.3% COMPARED TO Q1 2023
A HYPOTHESIS CURRENTLY BEING EXAMINED IS PARTIAL SPLIT OF VIVENDI, WHERE CANAL+ GROUP, HAVAS, AND COMPANY GROUPING THE ASSETS IN PUBLISHING AND DISTRIBUTION WOULD BECOME INDEPENDENT ENTITIES LISTED ON STOCK MARKET
ONCE SEPARATED FROM THESE THREE ENTITIES, VIVENDI WOULD REMAIN AS IS, PUBLICLY LISTED, MAINTAINING ROLE OF SUPPORTING TRANSFORMATION AND EXPANSION OF SUBSIDIARIES AND CONTINUING TO ACTIVELY MANAGE INVESTMENTS