Vivendi Reports 8% Revenue Growth, Reduces Debt, Expands Lagardère Stake

Vivendi reported strong financial results for the first half of 2025, with revenues increasing by 8.4% to €145 million, driven mainly by the solid performance of its video game subsidiary Gameloft, whose revenues rose over 8% to €143 million and EBITA increased by €20 million. The group's EBITA improved significantly by €47 million compared to the first half of 2024, reaching €18 million, while corporate costs were reduced by €13 million to €52 million. Vivendi also benefited from a €14 million rise in its share of Universal Music Group's net earnings. The company continued optimizing its investment portfolio, notably selling most of its TIM shares to exit the telecom sector, which helped reduce its financial net debt from €2.6 billion to €1.8 billion. Additionally, Vivendi increased its stake in Lagardère to over 13% following a takeover bid, aligning with its strategic focus on content, media, and entertainment industries.