A quite correct set of results in Q4 for Vivendi with revenue growth of 5.6% yoy similar to Q3’s and slightly better than in H1. It was once again due to Universal Music Group (UMG) which represents 45% of Vivendi’s business and whose sales were up by c.12% yoy (besides in a quarter which alone represents a third of the annual revenue of the music company). Note, however, Canal + (35% of Vivendi’s business) has seen its revenues decrease by nearly 4% yoy and lfl in Q4, refle
15 Feb 2019
UMG to finance a massive share buy-back?
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UMG to finance a massive share buy-back?
- Published:
15 Feb 2019 -
Author:
Jean-Michel Salvador -
Pages:
3
A quite correct set of results in Q4 for Vivendi with revenue growth of 5.6% yoy similar to Q3’s and slightly better than in H1. It was once again due to Universal Music Group (UMG) which represents 45% of Vivendi’s business and whose sales were up by c.12% yoy (besides in a quarter which alone represents a third of the annual revenue of the music company). Note, however, Canal + (35% of Vivendi’s business) has seen its revenues decrease by nearly 4% yoy and lfl in Q4, refle