Vivendi: ambitions set for Canal+ after demerger

(CercleFinance.com) - In an update on its demerger project, Vivendi reports that Canal+ will be holding a CMD on Monday, at which its strategy and ambitions will be presented in the run-up to its listing on the London Stock Exchange, scheduled for 16 December.


It expects organic growth in Canal+'s FY 2025 sales, although this should be more than offset by the expected discontinuation of C8 and the termination of certain contracts.

Cash flow from operations (CFFO) should return in 2025 to a level similar to that of 2023, after an exceptionally low level in 2024, negatively impacted by WCR effects.

In the medium term - and LFL - Canal+'s sales should grow moderately, and it expects a further moderate improvement in its adjusted EBIT margin (EBITA).


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