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Latest Satellite News Discussion, Small uplift for Canal+ Group at General Satellite News forum; Small uplift for Canal+ Group August 30, 2012 09.14 Europe/London By Julian Clover Canal+ Group reported a slight rise in ...

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Small uplift for Canal+ Group - 30-August-2012, 17:40

Small uplift for Canal+ Group
August 30, 2012 09.14 Europe/London By Julian Clover

Canal+ Group reported a slight rise in first half revenues as the French pay-TV platform weathered a VAT increase equivalent to 20 million.

The 3% revenue rise took revenues to 2,064 million as both subscription and advertising witnessed increases.

The Canal+ France portfolio recorded a net growth of almost 350,000 subscriptions compared to the end of June 2011, with almost 140,000 subs coming from Africa.

Canal+ Groups EBITA was 483 million compared to 495 million for first half 2011.


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