Vivendi Se - VIVHY STOCK NEWS

Vivendi reported a revenue increase of 8.5% for the first nine months of 2022, totaling €7,451 million, with strong contributions from Havas Group and Vivendi Village. Havas posted a growth of 17.3%, while Canal+ Group experienced a modest 1% rise. Editis’ revenues fell by 7.4% due to a declining French book market, though it outperformed pre-COVID levels. Gameloft recorded a robust 17% revenue uptick, driven by the success of Disney Dreamlight Valley. The group emphasizes its international expansion and integration strategy, despite facing macroeconomic challenges.

Vivendi is supporting the exhibition “Bons Baisers de Pékin” at the Guimet National Museum in Paris from October 19, 2022, to February 27, 2023. This exhibition highlights a decade of Franco-Chinese cultural exchanges, featuring 20 artists, including 13 French and 7 Chinese, all Yishu 8 Award winners. Vivendi’s Chairman, Yannick Bolloré, emphasized the importance of creation as a driver for development, aligning with the company's ethos of Creation Unlimited. The initiative aims to foster artistic and cultural exchanges between France and China.

Vivendi (Euronext: VIV) has taken significant steps toward reducing its environmental footprint, achieving over 7% reduction in energy consumption in France from 2019 to 2021. Currently, 40% of its electricity in France and 30% globally comes from renewable sources. As of October 2022, the company is implementing new initiatives to further decrease energy usage amid rising energy market tensions, including adjusting temperature controls and enhancing lighting efficiency. These measures align with its CSR strategy, 'Creation for the Planet,' emphasizing commitment to global net zero carbon goals.

Vivendi has appointed Charlotte Levy-Frébault as the new Director of Internal Communications, succeeding Frédéric Vallois. This move aims to enhance collaboration within the group's various businesses and develop talent across the organization. Levy-Frébault brings significant experience from her previous role at BETC, where she served as Director of Communications. Her appointment signifies Vivendi's commitment to fostering a cohesive corporate culture and adapting innovative communication strategies within the company.

Vivendi has appointed Fabien Aufrechter as Vice President of Web 3.0 within its Strategy and Innovation department. Aufrechter, an expert in blockchain and metaverse technology, will support Vivendi's focus on Web 3.0 as part of its strategic plan. He aims to leverage the company’s existing intellectual properties to explore major metaverse projects. Aufrechter expressed confidence in Vivendi's advantage in the Web 3.0 space, citing a significant head start with numerous clients and projects already in place. His dual role at Havas will continue alongside his new responsibilities.

Vivendi Group has announced several key appointments within its Communications departments. Stéphanie Bertrand-Tassilly has succeeded Lorella Gessa as Chief Communications and CSR Officer. Frédéric Vallois has been promoted to Director of External Corporate Communications at Prisma Media, with a successor to his previous role in Vivendi's Internal Communications to be appointed soon. Lorella Gessa emphasizes that these changes reflect the Group's commitment to internal mobility and integration of its diverse businesses.

Vivendi reported revenues of €4.873 billion for H1 2022, a 10.9% increase year-over-year, driven by strong performances from Canal+ and Havas Groups. EBITA surged 31.5% to €412 million, bolstered by international growth and Prisma Media's integration. Earnings attributable to Vivendi SE shareholders reached €491 million, up 0.5%. To mitigate potential antitrust issues with Lagardère Group, Vivendi is considering divesting 100% of Editis, potentially through shareholder distribution. The company continues to focus on international expansion, with 80% of Havas revenues sourced outside France.

Vivendi (Paris:VIV) has announced its sponsorship of the prestigious Venice International Film Festival and Biennale College Cinema for the next three years. Starting from the 79th Venice Film Festival scheduled from August 31 to September 10, 2022, Canal+ will be the exclusive broadcaster in France and other European countries. CEO Arnaud de Puyfontaine emphasized Vivendi's commitment to promoting Italian culture and enhancing the global influence of Italian cinema. The group continues to strengthen its presence in the region.

Vivendi has completed its public tender offer for Lagardère shares, acquiring 80,943,768 shares, representing 57.35% of the capital. This offer, which ran from May 27 to June 9, 2022, follows an initial filing on February 21. Vivendi currently holds 22.45% of voting rights, pending regulatory approval. Additionally, 20,245,979 shares were submitted, leading to a total of 31,184,281 shares involved in the tender. The shares come with transfer rights exercisable at €24.10 until December 15, 2023. The settlement will occur on June 24, 2022.