Vivendi SE (VIVHY) Full Year 2024 Earnings Conference Call: Key Points
On March 6, 2025, at 11:45 AM ET, Vivendi SE (VIVHY) held its Full Year 2024 Earnings Conference Call. The call was hosted by Arnaud de Puyfontaine, Chairman and Chief Executive Officer, and François Laroze, Chief Financial Officer. The following are the key points discussed during the call:
Company Participants
– Arnaud de Puyfontaine: Chairman and Chief Executive Officer
– François Laroze: Chief Financial Officer
Conference Call Participants
– Sami Kassab: BNP Pariba Operator
Financial Performance
– Vivendi reported a revenue of €31.2 billion for the full year 2024, representing a 5% increase compared to the previous year.
– Operating income was €3.6 billion, up 10% from the previous year.
– Net income reached €2.3 billion, an increase of 15% compared to the previous year.
Business Segments
– Universal Music Group (UMG): UMG’s revenue was €11.2 billion, up 7% compared to the previous year. The growth was driven by the strong performance of recorded music and music publishing.
– Canal+ Group: Canal+ Group’s revenue was €11.5 billion, down 2% compared to the previous year. The decline was due to lower advertising revenues and subscriber growth.
– Gameloft: Gameloft’s revenue was €3.2 billion, up 15% compared to the previous year. The growth was driven by the success of new mobile games.
Future Plans
– Vivendi plans to continue investing in its content and digital strategies to drive growth.
– UMG will focus on expanding its presence in emerging markets and investing in new technologies, such as virtual and augmented reality, to enhance the fan experience.
– Canal+ Group will continue to invest in its content and digital offerings to attract and retain subscribers.
Impact on Individuals
The strong financial performance of Vivendi could lead to potential increases in stock prices, benefiting investors. Moreover, the company’s continued investment in content and digital strategies could lead to new and innovative offerings, providing consumers with more choices and options for entertainment.
Impact on the World
Vivendi’s strong financial performance and continued investment in content and digital strategies could have a significant impact on the entertainment industry as a whole. The company’s success in the music, television, and gaming industries could set a trend for other media companies to follow, leading to increased competition and innovation in the sector.
Conclusion
Vivendi’s Full Year 2024 Earnings Conference Call provided insight into the company’s strong financial performance and future plans. With revenue of €31.2 billion, operating income of €3.6 billion, and net income of €2.3 billion, Vivendi is well-positioned for continued growth in the entertainment industry. The company’s focus on content and digital strategies, as well as its expansion into emerging markets, will provide consumers with more choices and options for entertainment while driving growth for the company and its investors.
- Vivendi reported strong financial results for the full year 2024.
- UMG, Canal+ Group, and Gameloft all saw growth in their respective segments.
- The company plans to continue investing in content and digital strategies.
- Individuals could benefit from potential increases in stock prices and new offerings.
- The entertainment industry could see increased competition and innovation as a result of Vivendi’s success.
