Vivendi revenue up on Universal Music growthChristian Fernsby ▼ | April 15, 2019
For the first quarter of 2019, Vivendi’s revenues amounted to €3,459 million, compared to €3,124 million for the same period of 2018, an increase of 10.7%, mainly as a result of the growth of Universal Music Group (UMG) (+€280 million) and the consolidation of Editis since February 1, 2019 (+€89 million).
Vivendi At constant currency and perimeter, revenues increased by 5.7%
For the first quarter of 2019, UMG’s revenues amounted to €1,502 million, up 18.8% at constant currency and perimeter compared to the first quarter
f 2018 (+22.9% on an actual basis). For the first quarter of 2019, Canal+ Group's revenues amounted to €1,252 million, compared to €1,298 million for the first quarter of 2018, a 3.6% decrease on an actual basis.
For the first quarter of 2019, Havas’s revenues increased by 3.8% amounting to €525 million, compared to €506 million for the first quarter of 2018. ■