The French media giant Vivendi recorded a 13.4% increase in its turnover in the first quarter, driven by Canal+ and the rebound of Havas, while its publishing subsidiary Editis, which should soon be closer to 'Hachette, showed a "
slight decline
", according to a press release on Monday.
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Over the period, Vivendi recorded revenue of 2.4 billion euros, up 13.4% and 7.9% at constant scope and exchange rates, including in particular the acquisition of the group of Prisma Media magazines (+73 million euros), consolidated since June 2021 in the accounts.
Sales for the previous year have been restated for those of Universal Music Group, 60% of whose capital was distributed by Vivendi to its shareholders in September 2021. The Canal+ television group, whose revenue quarterly progressed by 6% at constant data to 1.4 billion euros, benefited both from an increase in its activity in mainland France (+6.5%), internationally (+6.2% ) "
due to a further significant increase in the number of subscribers
“, and its production subsidiary Studio Canal (+4.5%) thanks to the releases “
Super-heroes despite himself
”, “
Waiting for Bojangles
” and “
Goliath
”.
Since the start of the year, the group, which is seeking to consolidate its content offer, has joined forces with ViacomCBS, to which it will soon distribute access to Paramount+, launched a streaming platform in Austria, and finalized the acquisition of the SPI International channel package.
In accordance with the new media chronology (agreement sealed on January 24 between the various French television channels, video-on-demand platforms and producers on the release dates of new films in theaters, then on the small screen), Canal+ will also be able to broadcast films six months after their theatrical release, against twelve previously.
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The communication and advertising group Havas saw its turnover jump by 17.7% to 591 million euros, particularly in Europe and North America, thanks according to Vivendi to "
the strong commercial momentum recorded its last quarters
" and the launch of two "
innovative offers
".
Finally, the sales of the publisher Editis, which must approach its major competitor Hachette following Vivendi's public offer for Lagardère, initiated in mid-April, fell for their part by 1.7% to 160 million euros, a decline attributed by the group to a declining market.
