Vivendi : What to expect from Vivendi’s Q4 and 2021 figures?
>Set for good figures in Q4 while 2022 could be year of corporate changes - Vivendi is due to report its full-year results on 9 March. This note looks at our EBITA expectations which are above those of the consensus, as we believe the momentum has been good for agencies (and therefore Havas) and publishers (and therefore Editis). Our expectations have been slightly downgraded for Groupe Canal+ as we were probably a little too high. But the momentum for improvement at ...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.
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.
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