(CercleFinance.com) – Vivendi posts a turnover of more than 4.27 billion euros for the first three months of 2024, up 86.6%, mainly generated by the consolidation of Lagardère as well as by the growth in the turnover of Canal+ Group and Havas.
At constant exchange rates and scope, the turnover of the media, communication and entertainment group increased by 5.4%, thanks mainly to its subsidiaries Lagardère (+8.9%), Canal+ Group (+2.6% ) and Havas (+3.4%).
Concerning its split project, one hypothesis currently under examination would be a partial split of Vivendi where Canal+ Group, Havas and the company bringing together the publishing and distribution assets would become independent entities listed on the stock exchange.
Separated from these three entities, Vivendi, for its part, would remain as such, listed on the stock exchange, retaining its role of supporting the transformation and expansion of its subsidiaries, and continuing its activity of active management of its investments.
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