Vivendi: benefits from Havas' consolidation in Q1

(CercleFinance.com) - Vivendi's Q1 2018 turnover came in at 3,109 million euros, compared with 2,680 million euros for the same period of 2017, up 16.
0%, in particular thanks to the consolidation of Havas (+482 million euros).

Like-for-like, turnover increased by 3.3% compared with the first quarter of 2017, thanks to the progression of Universal Music Group (+4.5%) and Canal+ group (+2.5%).

Havas' sales (gross margin), which has been consolidated by global integration since 3 July 2017, amounted to 482 million euros in Q1 2018.



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