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Investing.com -- Canal+ reported nine-month revenue of 4.6 billion euros ($5.4 billion) excluding contributions from South African broadcaster MultiChoice, which was folded into the group only 11 days before the quarter closed.
On an organic basis, revenue grew 1.2% over the period.
Revenue from European operations totalled 3.4 billion euros, while the Asia and Africa division generated 783 million euros. MultiChoice added a further 78 million euros following the completion of Canal+’s $2 billion takeover in September.
The company maintained its guidance for 2025.
Canal spun off from Vivendi and listed in London at the end of 2024 to support its ambition of becoming a global content platform with a stronger foothold in Asia and Africa.
Canal+ also said it has bought a 34% stake in UGC, the French cinema chain and production group. The deal includes an option to acquire the remaining shares after 2028. UGC runs 55 cinemas in France and Belgium and holds a notable catalogue of titles, including “Amélie.”