Report
Jerôme Bodin

Vivendi : What to expect from Vivendi’s Q3 2023 sales?

>Outperform rating maintained - This note provides an update on our Q3 sales expectations for Vivendi which reports on 19 October. We forecast slight sales growth at the group level in Q3 (+1.3%). While Groupe Canal+ and Havas are set to show positive momentum, the comparatives are demanding for several of the group’s operations, including Gameloft and Vivendi Village. We do not see any catalysts for a significant potential adjustment to our forecasts. We do not expec...
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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