Vivendi: ambitions set for Havas after demerger
(CercleFinance.com) - In an update on its demerger project, Vivendi states that Havas, whose shares are due to be admitted to trading on Euronext Amsterdam on 16 December, will hold a CMD on 19 November.
Ahead of this meeting, it states that Havas' organic net income growth should be between -1% and 0% for 2024, and that forecasts for 2025 indicate that organic net income growth should exceed 2%.
In terms of profitability, Havas estimates that its adjusted EBIT for FY 2024 should exceed E330m, and that the annual adjusted EBIT margin should be between 12.5% and 13.5% for FY 2025.
Finally, Havas plans to offer its shareholders a regular return on capital, via the payment of an annual dividend which should represent around 40% of the group's share of net income for FY 2024 in 2025.
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Ahead of this meeting, it states that Havas' organic net income growth should be between -1% and 0% for 2024, and that forecasts for 2025 indicate that organic net income growth should exceed 2%.
In terms of profitability, Havas estimates that its adjusted EBIT for FY 2024 should exceed E330m, and that the annual adjusted EBIT margin should be between 12.5% and 13.5% for FY 2025.
Finally, Havas plans to offer its shareholders a regular return on capital, via the payment of an annual dividend which should represent around 40% of the group's share of net income for FY 2024 in 2025.
Copyright (c) 2024 CercleFinance.com. All rights reserved.