Canal+ (LSE:CAN) has posted nine-month revenue of €4.6 billion ($5.4 billion), excluding contributions from MultiChoice, which became part of the group just 11 days before the quarter’s close. On an organic basis, revenue grew by 1.2% compared to the same period last year.
European operations contributed €3.4 billion in revenue, while the Asia and Africa division generated €783 million. MultiChoice added an additional €78 million following the completion of Canal+’s $2 billion acquisition in September. The company has reaffirmed its 2025 guidance.
Spun off from Vivendi and listed in London at the end of 2024, Canal+ aims to accelerate its transformation into a global content platform with a strengthened presence in Asia and Africa.
In a strategic move to expand its entertainment portfolio, the company also acquired a 34% stake in French cinema chain and production group UGC. The agreement includes an option to purchase the remaining shares after 2028. UGC operates 55 cinemas in France and Belgium and owns a well-known film catalogue that includes Amélie.
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