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Vivendi — H1 2025 Earnings Presentation
18 slides from Vivendi's earnings presentation, Jul 31, 2025
Slide 1: 1H 2025 Results
1H 2025 RESULTS VIVENDI July 31st, 2025 IMPORTANT NOTICE Financial results for the first half ended June 30, 2025. Unaudited and prepared in compliance with IFRS. Investors are strongly advised to read the important disclaimers at the end of this presentation.
Slide 2: Contents
CONTENTS 01 1H 2025 FINANCIAL PERFORMANCE 02 PORTFOLIO OF ASSETS 03 STATEMENTS OF EARNINGS 04 APPENDICES 1H 2025 results |2
Slide 3: 1H 2025 Financial Performance
01 1H 2025 FINANCIAL PERFORMANCE FRANÇOIS LAROZE Member of the Management Board | Chief Financial Officer
Slide 4: 1H 2025 Key Figures
01. 1H 2025 financial Performance 1H 2025 KEY FIGURES In €m 1H 2025 1H 2024 Revenues 145 134 EBITA 18 (29) Adjusted net income 54 141 Net income, Group share 30 159 30/06/2025 31/12/2024 Portfolio of financial assets 7,044 7,219 Of which disposals of shares net, of purchases 905 - Loan to Lagardere
Slide 5: Portfolio of Assets
02 PORTFOLIO OF ASSETS
Slide 6: Investment Portfolio – Listed Companies
02. Portfolio of assets INVESTMENT PORTFOLIO – LISTED COMPANIES(1) 9.91 % 2.51 % (2) 19.78 % (3) 19.20 % (4) 11.24 % 13.38 % (5) • Strategic investment • Investment in Italy’s • Investment in the • Investment in the • Investment in the • Investment in one of to remain leading telecom European leader
Slide 7: Investment Portfolio and Dividends Received as of June 30, 2025
02. Portfolio of assets INVESTMENT PORTFOLIO AND DIVIDENDS RECEIVED OF JUNE 30, 2025 In euro millions June 30, 2025 Average Number of shares Ownership Stock market purchase price Market Value held (m) interest (%) (1) price (€/share) (€/share) UMG (Equity affiliate - Operational) 182 9.91% 23.29 27.
Slide 8: Gameloft – Key Figures 1H 2025
02. Portfolio of assets GAMELOFT – KEY FIGURES 1H 2025 D organic H1 2025 H1 2024 D (%) in euro millions (%) PC/Consoles 65 55 +18.0% +18.0% Mobile 71 71 -1.3% -0.5% BtoB 7 6 +29.2% +29.4% Revenues 143 132 +8.0% +8.4% EBITA before restructuring 8 (7) Restructuring charges (0) (5) EBITA 8 (12) Revenue
Slide 9: Financial Net Debt Evolution
02. Portfolio of assets FINANCIAL NET DEBT EVOLUTION 0 -500 -1768 -1000 1208 -2573 -1500 -296 -40 -52 -52 -2000 37 -2500 -3000 Net debt CFFO Divestitures of TIM and Acquisition Dividends paid by Vivendi Interest, taxes Discontinued operations Net debt as of Telefonica shares of Lagardère SE and othe
Slide 10: Financial Net Debt Position
02. Portfolio of assets FINANCIAL NET DEBT POSITION June 30, 2025 Dec. 31, 2024 In euro millions Gross cash position 172 74 Margin loans (1 500) (2 000) Short term marketable securities (340) (450) Shareholder current account advance and other debts (100) (197) Gross financial debt (1 940) (2 647) F
Slide 11: Statements of Earnings
03 STATEMENTS OF EARNINGS
Slide 12: 1H 2025 Revenues and EBITA by Business Activity
03. Statements of Earnings 1H 2025 REVENUES AND EBITA BY BUSINESS ACTIVITY D organic H1 2025 H1 2024 D (%) In euro millions (%) Gameloft 143 132 +8.0% +8.4% Other 2 2 Intercompany eliminations - - Total Vivendi Revenue 145 134 +8.0% +8.4% Gameloft 8 (12) Corporate (52) (65) Vivendi's share of UMG's
Slide 13: 1H 2025 Income Statement
03. Statements of Earnings 1H 2025 INCOME STATEMENT In euro millions H1 2025 H1 2024 D (%) Revenues 145 134 8% SG&A and restructuring charges (189) (211) Earnings from equity affiliates - operating (UMG) 62 48 EBITA 18 (29) na Amortization and depreciation of intangible assets acquired through (13)
Slide 14: Appendices
04 APPENDICES
Slide 15: Reconciliations: EBITA, EBITDA and Adjusted Net Income (ANI)
04. Appendices RECONCILIATIONS : EBITA, EBITDA AND ADJUSTED NET INCOME (ANI) OPERATING INCOME – EBITA - EBITDA EARNINGS ATTRIBUTABLE TO VIVENDI SHAREOWNERS TO ANI in euro millions H1 2025 H1 2024 in euro millions H1 2025 H1 2024 EBIT 5 (137) Earnings attributable to Vivendi shareowners 30 159 Amorti
Slide 16: Glossary
04. Appendices GLOSSARY The non-GAAP measures defined below should be considered in addition to, and not as a substitute for, other GAAP measures of operating and financial performance. Vivendi considers these to be relevant indicators of the group’s operating and financial performance. Moreover, it
Slide 17: Important Legal Disclaimer
04. Appendices IMPORTANT LEGAL DISCLAIMER Cautionary note regarding forward-looking statements This presentation may contain forward-looking statements with respect to Vivendi’s financial condition, results of operations, business, strategy, plans and outlook, including the impact of certain transac
Slide 18: Vivendi
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