PARIS (dpa-AFX) – French media conglomerate Vivendi (VIV.L, VIVEF.PK) announced on Tuesday that its third quarter turnover increased by 95.8% to 4.750 billion euros from 2.426 billion euros. euros last year.

At constant exchange rates, Vivendi’s revenue increased by 95.6 percent, and at constant exchange rates and scope, by 2.3 percent.

According to the company, the increase in turnover mainly includes the impact of the consolidation of Lagardère.

Yannick Bolloré, Chairman of the Supervisory Board of Vivendi, and Arnaud de Puyfontaine, Chief Executive Officer of Vivendi, declared: “Vivendi is showing strong growth over the first nine months of 2024. The Group’s revenues increased by 4, 5% at constant exchange rates and scope compared to the same period in 2023. Canal+ is experiencing growth in its turnover across all of its activities. Havas’ performance is particularly driven by Havas Media and the Europe and Latin America regions. Lagardère is posting strong growth, thanks in particular to the editorial successes of Lagardère Publishing and an increase of almost 17% in turnover at Lagardère Travel Retail.

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