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Latest Satellite News Discussion, New Canal Plus Group posts EBITA growth at General Satellite News forum; Canal Plus Group posts EBITA growth Canal Plus Group contributed EBITA of 254m to parent company Vivendis first quarter results ...

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New Canal Plus Group posts EBITA growth - 17-May-2009, 13:30

Canal Plus Group posts EBITA growth

Canal Plus Group contributed EBITA of 254m to parent company Vivendis first quarter results for 2009, up 49.4% on the same period last year. Canal Plus Group posted revenues of 1.119bn, up 1.8% year-on-year excluding currency variations. The premium Canal Plus service reported revenues of 445m, down from 457m.

Canal Plus added 75,000 net customers year-on-year excluding the 110,000 downward adjustment resulting from the switch-off of the TPS signal last year. This resulted in a total subscription base of 10.418 million at the end of March, compared with 10.453 million a year earlier. CanalSat platform subscribers numbered 5.268 million, up from 5.175 million a year earlier, while Canal Plus subscribers numbered 5.150 million, down from 5.278 million. Of the Canal Plus subscribers, 85% took the Canal Plus Le Bouquet digital package, up from 74% a year earlier.

Vivendi-owned service provider SFR turned in EBITA of 610m for the quarter, down 2.2% on the comparable period last year. Vivendi as a whole posted EBITA of 1.393bn for the quarter, up 15.8%. The group posted revenues of 6.53bn, up 23.7%, with adjusted net income of 649m, down 6.9%.


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