Report
Jerôme Bodin

Vivendi : Résultats 2018 un peu en dessous des attentes et cession d’UMG et OPRA toujours en vue

>Momentum toujours solide. Achat réitéré. - Vivendi a publié hier soir ses résultats 2018 et a tenu dans la foulée sa conférence téléphonique. L’EBITA ressort 1 288 M€ légèrement inférieur aux attentes (vs 1 333 M€ attendus par Oddo BHF et 1 299 M€ par le consensus). Le groupe confirme la perspective d’une cession du capital d’UMG (jusqu’à 50%) et va demander à l’occasion de son AG l’autorisation de réaliser une OPRA sur 25% de son capital (à 25 € / action) et/ou de r...
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

Other Reports on these Companies
Other Reports from Oddo BHF
Olfa Taamallah ... (+2)
  • Olfa Taamallah
  • Yan Derocles
Cor Kluis ... (+2)
  • Cor Kluis
  • Julian Dobrovolschi

ResearchPool Subscriptions

Get the most out of your insights

Get in touch