Vivendi: stock up after 2024 results

(CercleFinance.com) - The share began the session on a strong footing (+2.
3%) following last night's announcement of 2024 results.

Net asset value (NAV), which reflects the estimated value on 31 December 2024 of all the group's investments, net of financial liabilities, stands at E4.829bn, or E4.69 per share.

The group's portfolio of investments was valued at over E7.1bn at 31 December 2024.

Vivendi's FY 2024 sales reached E297m, compared with E312m for FY 2023, down 4.9%. Sales were down 5.2% LFL relative to FY 2023.

EBITA was almost at break-even (-E1m), compared with -E33m in FY 2023.

This positive trend is due to an improvement in Gameloft's EBITA and a significant increase in the group's share of UMG's net income, it says.

Ots Net loss was -E6,004m (-E5.96 per basic share), compared with a profit of E405m in FY 2023 (E0.40 per basic share).

For FY 2024, it includes in particular capital losses on the deconsolidation of Canal+, Louis Hachette Group and Havas (-E5,875m), as well as goodwill impairment relating to Gameloft (-E140m), the group says.

Adjusted net income came to E111m (E0.11 per basic share), compared with E336m in FY 2023 (E0.33 per basic share).


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