Vivendi SE
PAR:VIV
Vivendi SE
Vivendi SE, a French multinational corporation, stands as a pivotal player in the global media and entertainment landscape. Founded in 1853, the company has transformed significantly from its origins in water and electricity utilities to become a powerhouse of music, television, film, and gaming. At the heart of Vivendi's success is its diverse portfolio, which includes well-known subsidiaries such as Universal Music Group, one of the world’s leading music companies, and Canal+, a prominent television network in France. With a commitment to fostering creativity and innovation, Vivendi is strategically positioned to capitalize on the growing demand for digital content and entertainment across multiple platforms, paving the way for sustainable profitability and long-term growth.
As an investor, Vivendi offers a compelling opportunity, combining robust financial performance with a forward-looking business model. The company has demonstrated resilience in adapting to the evolving media landscape, emphasizing its commitment to diversifying revenue streams through investments in telecommunications and digital services. Moreover, Vivendi’s recent focus on expanding its global footprint, particularly in burgeoning markets, enhances its potential for future success. With seasoned leadership and a strong brand presence, Vivendi stands as a remarkable investment choice for those looking to harness the potential of the rapidly changing entertainment industry.
Vivendi SE, a French multinational corporation, stands as a pivotal player in the global media and entertainment landscape. Founded in 1853, the company has transformed significantly from its origins in water and electricity utilities to become a powerhouse of music, television, film, and gaming. At the heart of Vivendi's success is its diverse portfolio, which includes well-known subsidiaries such as Universal Music Group, one of the world’s leading music companies, and Canal+, a prominent television network in France. With a commitment to fostering creativity and innovation, Vivendi is strategically positioned to capitalize on the growing demand for digital content and entertainment across multiple platforms, paving the way for sustainable profitability and long-term growth.
As an investor, Vivendi offers a compelling opportunity, combining robust financial performance with a forward-looking business model. The company has demonstrated resilience in adapting to the evolving media landscape, emphasizing its commitment to diversifying revenue streams through investments in telecommunications and digital services. Moreover, Vivendi’s recent focus on expanding its global footprint, particularly in burgeoning markets, enhances its potential for future success. With seasoned leadership and a strong brand presence, Vivendi stands as a remarkable investment choice for those looking to harness the potential of the rapidly changing entertainment industry.
Strong Revenue Growth: Vivendi delivered double-digit revenue growth, with revenue up 10.1% to €9.6 billion, driven by strong performances from Havas and Canal+.
EBITA Surges: Group EBITA increased by 35.6%, and EBITA for controlled businesses grew by 10%, demonstrating business resilience.
Net Loss Due to Telecom Italia: The group reported a net loss of €1 billion, mainly due to the deconsolidation and write-down of Telecom Italia.
Havas and Canal+ Outperform: Both Havas and Canal+ delivered strong organic and reported growth, with subscriber numbers at Canal+ rising to 25.5 million.
Confident Outlook: Management expressed strong confidence for 2023, citing robust subscriber growth, content investments, and ongoing international expansion.
Dividend Proposal: A dividend of €0.25 per share is proposed for 2022, with over €600 million returned to shareholders via dividends and buybacks.
Positive ESG Progress: CO2 emissions (Scope 1 and 2) reduced by 10%, and women in management increased to 38%.
