On Monday 29th April 29, Vivendi’s 2024 Annual General Meeting was held at the Olympia in Paris. This event provides a privileged opportunity to meet our shareholders and discuss the Group’s prospects and strategy.

We warmly thank all the participants and the teams involved for making this important event such a success.

Here is a recap of what was covered during the Meeting.


Strong Results:

Despite a tense macroeconomic environment, Vivendi achieved strong operational results in 2023:

  • Revenue increased by approximately 10%, primarily driven by contributions from Canal+ and Havas, as well as the successful integration of Lagardère.
  • EBITA across various sectors also saw a 10% increase, supported by strong performances from Canal+, Lagardère, and Havas.
  • Adjusted net income reached 722 million euros, doubling the previous year’s 343 million euros.
  • Vivendi now employs 73,000 people as of end 2023, with the workforce doubling due to Lagardère’s integration into the group.


Our Businesses:

The performance of our various businesses in 2023 prove their strength and the success of our transformation and internationalization strategy:

  • Canal+ continued to expand its subscriber base, recording a net growth of 290,000 subscribers in metropolitan France and confirming its international dynamism with 16 million subscribers out of 26 globally. Investments in VIU and Viaplay, along with the mandatory offer for MultiChoice shares, are expected to drive the group’s future growth, particularly in Asia and Africa. Dailymotion, with its free content and 400 million monthly users, complements our presence in the advertising market, experiencing a steady 20% revenue growth annually since 2020.
  • Havas recorded the second-highest growth in the communication sector. The group acquired ten new agencies, including Uncommon, a renowned creative agency in the UK. Havas also launched innovative solutions and established strategic partnerships, notably with Adobe in artificial intelligence and with Mirakl in retail media.
  • Prisma Media expanded its activities in youth, luxury, and lifestyle. Digital revenue surpassed 100 million euros, while the integration of brands from the M6 Digital Services division proved successful, with a 21% increase in advertising revenue. The group continues to grow through Content to Commerce and consolidate its acquisitions, strengthening its position in the design and lifestyle domain.
  • Lagardère posted a 16.6% growth in revenue compared to the previous year. Operating in over 40 countries with more than 36,000 employees, the group is primarily engaged in publishing (notably with Hachette) and retail in transport areas (via brands like Relay). Lagardère significantly contributed to Vivendi’s results at the end of 2023, with 75% of its revenue generated internationally.
  • Gameloft continues its remarkable transformation with, for example, the success of “Disney Dreamlight Valley”.
  • The SeeTickets and Festivals teams also had an excellent year in 2023. The ongoing sale of the international part of these activities opens up new growth and expansion prospects.


Corporate Social Responsibility (CSR):

In 2023, our CSR initiatives bore fruit, demonstrating our commitment to society and the environment:

  • 65% of our teams received training on societal issues.
  • Over 500 eco-responsible contents were offered on myCanal.
  • Prisma Media produced 65 environmental covers.
  • 130 pro bono campaigns were created by Havas.

Our CSR program has led to a 20% reduction in CO2 emissions related to energy, with 60% of our electricity now coming from renewable sources.


Human Resources:

Our recruitment, training policies, and the support for the well-being of our employees are essential. With our #creationwithall program, diversity, equity, and inclusion remain at the core of our values. We are committed to continuing our mission, innovating, and making a positive contribution to our industry and society.

In conclusion, 2023 was marked by significant successes for Vivendi and its subsidiaries, thanks to the commitment of our teams, the trust of our shareholders, and our ambitious strategic vision. We approach the future with confidence and determination, aware of the challenges ahead but also of the opportunities that lie before us.