Bolloré: Q1 organic growth of 3%
(CercleFinance.com) - Bolloré has announced sales of E5.
02bn for Q1 2024, up 63% on a reported basis, mainly due to the full consolidation of Lagardère by Vivendi.
Sales rose by 3% LFL, with an 11% decline for Bolloré Energy more than offset by 5% growth for the communications division (Vivendi) and 1% for the industrial division.
For Vivendi, organic growth was mainly driven by its subsidiaries Lagardère (+9%, with double-digit growth in Travel Retail), Canal+ Group and Havas Group (+3% each).
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