Vivendi: Q3 revenues up 16.7%
(CercleFinance.com) - Vivendi's revenues amounted to 3,970 million euros in Q3 2019, up 16.
At constant exchange rates and scope, revenue increased by 7.2% y-o-y, mainly thanks to growth at UMG (up 15.7%) and the consolidation of Editis since 1 February 2019.
9m 2019 sales reached 11,323 million euros, up 14.6% y-o-y. At constant exchange rates and consolidation scope, sales increased by 6.9%.
Universal Music Group's (UMG) revenue came in at 5,058 million euros, up 17.5% at constant exchange rates and consolidation scope compared to the first nine months of 2018 (up 22.7% as reported).
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