Report
Jerôme Bodin

Vivendi : Qu’attendre du T3 ? Le cours fait toujours ressortir une décote de 50%

>La décote reste proche de 50% - Nous faisons un point sur nos attentes du T3 et une mise à jour de notre SOP. Le groupe publiera son CA T3 le 20/10. Nous attendons un bon trimestre avec une dynamique commerciale toujours bonne chez Canal+ en France (mais CA en forte baisse chez Studiocanal pour le T3) et pour Havas. La tendance devrait rester négative chez Editis, notamment avec l’absence de réforme scolaire en France. Nos attentes d’EBITA sont légèrement ajustées en...
Underlying
Vivendi SE

Vivendi is an audiovisual group active in the entertainment industry with activities in music, TV, cinema, mobile, fixed and internet, and games. Co.'s operations are divided into five businesses: Canal+ Group which produces and distributes pay-TV in France, analog or digital, and is involved in film making; Universal Music Group which sells recorded music (physical and digital media); GVT which serves as a telecommunication operator for fixed ultra high-speed broadband, fixed-line telecommunications and Pay-TV in Brazil; SFR which is engaged in mobile phone services in France, as well as fixed and ADSL services; and Other Activities which involves ticketing, Wengo and Watchever.

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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