Added to YB: 2026-03-17
Pitch date: 2026-03-13
VIV.PA [neutral]
Vivendi SE
-0.38%
current return
Author Info
No bio for this author
Company Info
Vivendi SE operates in the content, media, and entertainment industries in France, rest of Europe, the Americas, Asia/Oceania, and Africa.
Market Cap
EUR 2.0B
Pitch Price
EUR 1.96
Price Target
N/A
Dividend
2.04%
EV/EBITDA
51.97
P/E
108.26
EV/Sales
11.34
Sector
Entertainment
Category
special_situation
Vivendi's 2026: four deadlines and a wedding?
VIV.PA (update): 2025 results show TIM exit completed at €0.38/sh (vs €1.07 avg cost), additional Banijay sales ~€10/sh. Net debt cut >€1bn to ~€1bn via asset sales; structured €1.35bn margin loan expires Sept'26. UMG marked at €23.83/sh (mgmt sees recent weakness as temporary), portfolio unchanged YTD. Trading 50% discount to NAV. Key catalysts: CIAM appeals hearing 22-May, 4 deadlines in 2026 (M4E standstill July, Tencent concert Sept, debt extension Sept, mandatory bid threshold July). Bolloré at ~29.9%, nearing 30% via share cancellations; potential takeover bid at ~€2.37 VWAP if crosses threshold.
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