Report
Jerôme Bodin

UMG : What to expect from the Q1 results that will be published on 26 April?

>An attractive stock based on the potential in paid streaming - We give an update on our Q1 estimates for UMG. The group will publish its Q1 results on 26 April followed by a conference call. Organic growth should be roughly the same as that in Q4 at +7%. In particular we do not expect any slowdown in paid streaming revenues, driven by subscriber growth and also certain price increases. In our view, the share is particularly attractive in a medium/long-term view, nota...
Underlying
UNIVERSAL MUSIC GROUP NV

Provider
Oddo BHF
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.

Analysts
Jerôme Bodin

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