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Added to YB: 2026-03-17

Pitch date: 2026-03-13

VIV.PA [neutral]

Vivendi SE

-20.62%

current return

Author Info

No bio for this author

Company Info

Vivendi SE operates in the content, media, and entertainment industries in Europe, North America, Asia Pacific, Latin America, the Middle East, and Africa.

Market Cap

EUR 1.5B

Pitch Price

EUR 1.92

Price Target

N/A

Dividend

2.68%

EV/EBITDA

39.24

P/E

93.02

EV/Sales

10.27

Sector

Entertainment

Category

special_situation

Show full summary:
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.

Read full article (9 min)