Market Updates
Europe Movers: Vivendi
Inga Muller
28 Apr, 2025
Frankfurt
Vivendi SE traded down 2.6% to €2.53 after the French media company reported a slight increase in revenue in the first quarter of 2025.
Revenue inched up 0.6% to €69.4 million from €69.0 million a year ago, driven by a 13.5% increase in PC and console sales.
Net asset value was €5.2 billion, an increase of 7.8% compared to the quarter ending in December, and net debt was €1.660 billion, compared to €2.072 billion sequentially in the previous quarter.
Net debt declined after the company used €684 million of proceeds from the 15% sale in Italy-based mobile telephone company TIM to Poste Italiane to repay some of its outstanding debt.
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