Report
UMG : What to expect for UMG in Q4?
>Dynamic Q4 thanks to Taylor Swift but slight negative dollar impact - We give a recap on our expectations for UMG in Q4 2022 and 2023. The group is due to report its annual results in early March. We expect good Q4 results lifted by good physical sales (Taylor Swift) albeit with a limited impact on profitability, offset also by the recent fall of the dollar. Subscription streaming is likely to remain dynamic but ad-supported streaming should slow slightly compared wi...
Underlying
UNIVERSAL MUSIC GROUP NV
Provider
Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Jerôme Bodin
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