Vivendi: Revenues for the First Quarter of 2026
- Revenues of €69 million for the first quarter of 2026, up 1.3% at constant currency and perimeter compared to the first quarter of 2025
-
Gameloft announces the launch of two new video games
- V Collection, Vivendi’s new subsidiary specializing in media and cultural luxury content
-
Portfolio of listed holdings amounted to €4,426 million as of
March 31, 2026
“Vivendi delivered a solid first quarter in 2026, with organic revenue growth of 1.3%, driven by
In line with our strategy of creating value in content, brands and cultural ecosystems, we acquired the luxury and lifestyle publications of
The value of our portfolio of listed holdings decreased* to €4.4 billion as of
*Note that since
Vivendi’s revenues
For the first quarter of 2026, Vivendi’s revenues1 were €69 million, an increase of 1.3% at constant currency and perimeter compared to the first quarter of 2025.
In a challenging environment for the video game industry,
The PC/Consoles segment represents 51% of revenues and increased by 11.0% at constant currency and perimeter compared to the first quarter of 2025. The Mobile segment represents 49% of revenues.
The five best-selling games in the first quarter of 2026 were
V Collection
On
This new subsidiary, which includes the French license of Harper’s Bazaar, Côté Maison, IDEAT, MilK and
Simultaneously with this acquisition,
V Collection will contribute to Vivendi’s consolidated revenues as from the second quarter of 2026.
Portfolio of holdings
As of
In this amount, the value of Vivendi’s equity interest in Universal Music Group amounted to €3,024 million (€16.635 per share), compared to €4,041 million (€22.230 per share) as of
As of
Taking into account
Financial Net Debt
As of
Collective mutual termination plan regarding the Group’s headquarters
As a reminder, on
About
Since its creation,
Important Disclaimers
Cautionary Note Regarding Forward-Looking Statements. This press release may contain forward-looking statements with respect to Vivendi’s financial condition, results of operations, businesses, strategy, and outlook, including the impact of certain transactions and the payment of dividends and distributions, as well as share repurchases. Although
Unsponsored ADRs.
APPENDIX I
REVENUES
(IFRS, unaudited)
|
|
Three months ended |
|
|
|
|
||
|
(in millions of euros) |
2026 |
|
2025 |
|
% Change |
|
% Change at constant currency and perimeter |
|
Revenues |
|
|
|
|
|
|
|
|
|
68 |
|
68 |
|
-0.7 % |
|
+1.3 % |
|
Other |
1 |
|
1 |
|
- % |
|
- % |
|
Elimination of intersegment transactions |
- |
|
- |
|
|
|
|
|
Total |
69 |
|
69 |
|
-0.7 % |
|
+1.3 % |
|
|
Three months ended |
|
|
|
|
||
|
(in millions of euros) |
2026 |
|
2025 |
|
% Change |
|
% Change at constant currency and perimeter |
|
PC/Consoles |
35 |
|
32 |
|
+8.2 % |
|
+11.0 % |
|
Mobile |
33 |
|
36 |
|
-8.7 % |
|
-7.1 % |
|
Revenues |
68 |
|
68 |
|
-0.7 % |
|
+1.3 % |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenues by geographic area |
|
|
|
|
|
|
|
|
|
34 |
|
33 |
|
|
|
|
|
EMEA ( |
23 |
|
23 |
|
|
|
|
|
|
8 |
|
9 |
|
|
|
|
|
|
3 |
|
3 |
|
|
|
|
|
|
68 |
|
68 |
|
|
|
|
APPENDIX II
PORTFOLIO OF LISTED INVESTMENTS
|
|
|
|
|
|||||
|
|
Number of shares owned (thousands) |
Percentage of ownership |
|
Value (millions of euros) |
|
Percentage of ownership |
|
Value (millions of euros) |
|
|
|
|
|
|
|
|
|
|
|
Universal Music Group |
181,799 |
9.91% |
|
3,024 |
|
9.91% |
|
4,041 |
|
|
80,934 |
19.12% |
|
684 |
|
19.17% |
|
673 |
|
Lagardère |
18,954 |
13.38% |
|
341 |
|
13.38% |
|
359 |
|
MediaForEurope |
112,419 |
15.92% |
|
331 |
|
15.92% |
|
405 |
|
Prisa |
150,908 |
11.19% |
|
45 |
|
11.19% |
|
54 |
|
Portfolio of listed investments |
|
|
|
4,426 |
|
|
|
5,532 |
As of
|
|
|
|||
|
|
Number of shares owned (thousands) |
Percentage of ownership |
|
Value (millions of euros) |
|
|
|
|
|
|
|
Universal Music Group |
181,799 |
9.89% |
|
3,705 |
|
|
80,916 |
19.12% |
|
686 |
|
Lagardère |
18,954 |
13.38% |
|
354 |
|
MediaForEurope |
112,419 |
15.92% |
|
395 |
|
Prisa |
150,908 |
11.19% |
|
47 |
|
Portfolio of listed investments |
|
|
|
5,188 |
1 This press release contains unaudited consolidated revenues established under IFRS.
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