Vivendi posts strong 2021 results
Owner of Canal+, Havas, Dailymotion and now also Prisma Media, Vivendi, has posted strong results for 2021. Revenues increased by +10.4% compared to 2020, inclusive of the integration of Prisma Media, while organic yr-on-yr growth was posted at +8.6%.
The company also used its annual financial statement to address the current war in Ukraine:
‘Vivendi’s Supervisory Board, which met today under the chairmanship of Yannick Bolloré, discussed the war in Ukraine at length. The Group is doing its utmost to provide significant logistical and financial aid to the Gameloft and Havas Group teams present in the country. Even though Vivendi’s financial exposure in Ukraine and Russia is very low, the Group remains extremely vigilant about the direct or indirect impact that the conflict may have on its business activities and is preparing for any eventuality.’
In total, Vivendi’s 2021 revenues were €9.6bn, up €904 million (+10.4%) compared to 2020. The company said that this increase was mainly due to the growth of Canal+ Group, Havas Group and Editis. It also included the impact of the consolidation of Prisma Media as from June 1, 2021.
EBITA more than doubled (x2.3) compared to 2020, driven by the strong performance of all businesses, in particular Canal+ Group, Havas Group and Editis.
Leading industry insight
Earlier this year, Arnaud de Puyfontaine – Vivendi CEO and Chairman of the Management Board, was announced as one of the first speakers for this year’s FIPP World Media Congress. His keynote at the event will focus on the broader industry, challenging attendees to think about the future of their organisations and brands, and encourage them to consider their relationships with audiences. You can find out more here.