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Vivendi: organic sales growth of 5.8% for 1st half-year

(CercleFinance.com) - Vivendi reports sales of 9052 ME for the 1st half, up 5.
8% organically on the same period a year earlier. The Group highlights 'the excellent performance of Lagardère and Canal+ Group'.

At the same time, EBITA was up 39.3%, at 619 ME, thanks in particular to the consolidation of Lagardère and the increase in Havas sales. On a like-for-like basis, EBITA was up 13.5%.

Lastly, net income attributable to equity holders of the parent came to E159m (-8.3%) for adjusted net income of E329m (+1.5%), giving unchanged adjusted earnings per share of E0.32.

Our various entities have all consolidated their leadership positions in recent months. On the strength of these achievements, we look forward to the rest of the year with confidence", says Arnaud de Puyfontaine, Chairman of Vivendi's Management Board.


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