As in H1 23, Bolloré’s statements now solely reflect the performance of Vivendi and of its Oil logistics business. That said, unfortunately for Bolloré, as in H1, oil prices remain well below their 2022 level. It is therefore not surprising that the Q3-23 trading statement came in below its level in 2022. In any case, Bolloré has not given us any clues as to its ambitions for the future now that the sale of its logistics business is about to be completed.

20 Oct 2023
Bolloré hit by lower oil prices

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Bolloré hit by lower oil prices
- Published:
20 Oct 2023 -
Author:
Saïma HUSSAIN -
Pages:
3 -
As in H1 23, Bolloré’s statements now solely reflect the performance of Vivendi and of its Oil logistics business. That said, unfortunately for Bolloré, as in H1, oil prices remain well below their 2022 level. It is therefore not surprising that the Q3-23 trading statement came in below its level in 2022. In any case, Bolloré has not given us any clues as to its ambitions for the future now that the sale of its logistics business is about to be completed.