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Yannick Bolloré: "It's time to invest and make Vivendi a world champion"

2021-03-03T19:04:21.753Z

The Chairman of Vivendi's Supervisory Board pays tribute to his father's strategy. "Vivendi had an exceptional year in 2020. To do better than in 2019, despite the context of the Covid crisis, proves the group's resilience and the relevance of the strategy implemented since 2014", rejoices Yannick Bolloré, Chairman. of the supervisory board. With sales up 1.2% to € 16.09 billion, Vivendi posted adjusted operating income up 6.6% to € 1.62 billion. Read also: The ogre appetite of



"Vivendi had an exceptional year in 2020. To do better than in 2019, despite the context of the Covid crisis, proves the group's resilience and the relevance of the strategy implemented since 2014",

rejoices Yannick Bolloré, Chairman. of the supervisory board.

With sales up 1.2% to € 16.09 billion, Vivendi posted adjusted operating income up 6.6% to € 1.62 billion.

Read also: The ogre appetite of Vincent Bolloré at the head of Vivendi

The year 2020 was both that of the success of the bet on music (with the sale of 20% of the capital of Universal Music to Tencent), of the recovery of Canal + and of the redeployment in new professions.

When Vincent Bolloré took over as Chairman of Vivendi's supervisory board in 2014, Universal Music was worth between 6 and 7 billion euros and the sector was going through a serious crisis.

“We made the decision to keep this asset and create value by developing distribution on streaming platforms.

When Arnaud from

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Source: lefigaro

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