Bolloré has announced sales of 5.02 billion euros for the first quarter of 2024, up 63% on a reported basis, mainly due to the full consolidation of Lagardère by Vivendi.

On a like-for-like basis, sales rose by 3%, with an 11% decline for Bolloré Energy more than offset by 5% growth for the communications division (Vivendi) and 1% for the industrial division.

For Vivendi, organic growth was driven mainly by its subsidiaries Lagardère (+9%, with double-digit growth in Travel Retail), Canal+ Group and Havas Group (+3% each).

Copyright (c) 2024 All rights reserved.