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TI.A - Telecom Italia SpA News Story

$5.21 0.0  0.0%

Last Trade - 05/07/19

Large Cap
Market Cap £9.82bn
Enterprise Value £32.86bn
Revenue £13.59bn
Position in Universe th / 6846

Vivendi's first-quarter sales up 5%, driven by Universal

Thu 22nd April, 2021 4:49pm
PARIS, April 22 (Reuters) - Vivendi's first-quarter revenue
grew by 5% from a year earlier, the French media giant said on
Thursday, driven by the prolonged strong performance of its
music unit Universal. 
    Group revenue rose to 3.90 billion euros ($4.69 billion),
propelled by a 9.4% jump of Universal Music Group, which Vivendi
intends to list by the end of the year.*:nL1N2KJ06J
    This slightly missed the 3.94 billion-euro average consensus
provided by Visible Alpha and cited by Jefferies in a note.
    ($1 = 0.8323 euros)

 (Reporting by Mathieu Rosemain; Editing by Edmund Blair)
 ((; +33 1 8098 1239; Reuters
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