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.
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