Vivendi: Canal+’s New Perimeter and Reporting Segments
VIVENDI SE UNSP/ADR (VIVHY)
NASDAQ:AMEX Investor Relations:
vivendi.com/en/investment-analysts
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Source: Business Wire
PARIS--(BUSINESS WIRE)--Regulatory News:Some Vivendi-owned (Paris:VIV) assets, whose operations are closely aligned with those of Canal+, are currently in the process of being transferred to the latter for the sake of consistency.Canal+ will consolidate together with its current business GVA, which provides telecommunication services in Africa, including high-speed Internet access marketed under the brand Canalbox; the video streaming platform Dailymotion; the performance venues L’Olympia and the L’Œuvre theater in France as well as the cinema theaters CanalOlympia in Africa.In this new configuration, Canal+ Group will represent a unique international media operation with exposure to both mature and high-growth markets. It would have recorded €6.2 billion in revenues,€472 million in Adjusted Earnings Before Interest and Income Taxes (EBITA) and €315 million in Cash Flow From Operations (CFFO) for the year ended December 31, 2023.Its total number of subscribers would amount to appr
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