Vivendi Se Unsp/Adr (VIVHY) Q4 2021 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good evening, everyone, and welcome to the Vivendi Foliere 2021 earnings presentation. This conference call will be hosted by Mr. Anu Dhipri Fontin, Chairman of the Management Board and CEO, and Mr. Herve Philip, a member of the Management Board and CFO. As a reminder, this call is being recorded. Duration of the call, you'll be on listen only. However, Later on the call, during the Q&A session, panelists will have the opportunity to ask questions without any follow-up questions. This can be done by pressing star 1 on your telephone keypad to register your question at any time. If at any point you require assistance, please press star 0 and you will be connected to an operator. I would now like to turn the call over to Mr. Anu Desui-Funting. Please go ahead, sir. The line is open. Thank you very much and good evening everyone. Welcome. Thank you for joining us today. I hope that you are all keeping well. Of course, I would like to begin by expressing our thoughts for Ukraine. We are, like everyone, very concerned by this war. We are in constant contact and solidarity with the Gameloft and HAVAS teams based in Ukraine. From a business angle, we have a very low exposure in Ukraine and Russia. Let's hope for a rapid end to this conflict. Before commenting on 2021 key highlights, I would like to remind you to take a moment to read carefully the usual legal disclaimers. Thank you. 2021 was a historic, significant year for Vivendi. As a group, we enjoyed strong growth in revenues and EBITDA. Revenues increased by 10.4% compared to 2020 and by 8.6% organically. This is our best organic growth since we took over the leadership of the group in 2014. In 2021, EBITDA has more than doubled compared to 2020. Hervé Philippe will elaborate on this outstanding performance. What is r...