Earnings Alerts

Vivendi SA (VIV) Earnings: 3Q Revenue Matches Expectations Amid Strong Lagardère Performance

By October 22, 2024 No Comments
  • Vivendi’s third-quarter revenue stood at EUR 4.75 billion, reflecting a 96% year-over-year increase, closely aligning with the estimate of EUR 4.76 billion.
  • Canal Plus reported a slight revenue decrease to EUR 1.53 billion, down by 0.7% compared to the previous year, missing the estimates which were at EUR 1.55 billion.
  • Lagardere achieved a revenue of EUR 2.42 billion, serving as a primary driver for the group’s organic revenue growth, which was up by 2.3%.
  • Havas Group’s revenue fell by 1.7% to EUR 674 million, slightly below the anticipated EUR 678.3 million.
  • Prisma Media recorded a revenue of EUR 67 million, marking a 5.6% decrease year-over-year but surpassed the estimate of EUR 64.7 million.
  • Gameloft saw its revenue fall by 6.8% to EUR 69 million, which was below the forecasted EUR 72.5 million.
  • Vivendi reiterated its timeline for its split project, indicating strategic planning and organizational adjustments.
  • Investment sentiment remains predominantly positive with 10 buy recommendations, 1 hold, and no sell recommendations.

A look at Vivendi SA Smart Scores

FactorScoreMagnitude
Value5
Dividend3
Growth2
Resilience3
Momentum4
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analysts at Smartkarma have evaluated Vivendi SA using their Smart Scores system, which rates companies on various factors important for long-term outlook. Based on the scores provided, Vivendi SA seems to be well-positioned in terms of value, with a top score indicating strong fundamentals. While the company’s dividend score is average, it still highlights a decent payout to investors. However, growth and resilience scores are lower, suggesting some challenges in these areas that may need attention. On a positive note, the momentum score is relatively high, indicating favorable market momentum for the company.

Vivendi SA, with its diverse operations in music, games, television, film, and telecommunications, offers a range of services to consumers. The company is involved in digital and pay television services, music distribution, interactive entertainment, and telecommunications. Overall, the company’s Smart Scores point towards a solid foundation in terms of value and market momentum, while also highlighting areas for potential improvement in growth and resilience.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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