April 20 (Reuters) - VIVENDI SA:
* Q1 REVENUES OF €3.870 BILLION, UP 11.9%
* COVID-19 PANDEMIC HAD LIMITED IMPACT ON VIVENDI’S CONSOLIDATED REVENUES FOR Q1
* Q1 UNIVERSAL MUSIC GROUP REVENUE EUR 1.77 BILLION VERSUS EUR 1.50 BILLION YEAR AGO
* ON UMG: AN INITIAL PUBLIC OFFERING IS CURRENTLY PLANNED FOR EARLY 2023 AT THE LATEST
* ON NEW CORONAVIRUS: SOME BUSINESSES EXPERIENCED VARIABLE PERFORMANCE IN MARCH
* ON NEW CORONAVIRUS: VARIABLE PERFORMANCE IN MARCH FOR HAVAS GROUP, EDITIS AND VIVENDI VILLAGE
* ON NEW CORONAVIRUS: REVENUES OF CERTAIN BUSINESSES (HAVAS GROUP, EDITIS AND VIVENDI VILLAGE) ARE EXPECTED TO BE AFFECTED IN Q2
* FOLLOWING THE CLOSING ON MARCH 31, 2020, OF THE SALE OF A 10% INTEREST IN UMG TO A CONSORTIUM LED BY TENCENT BASED ON AN ENTERPRISE VALUE OF €30 BILLION FOR 100 % OF UMG’S CAPITAL, GROSS CASH POSITION AMOUNTED TO €4.8 BILLION AT THAT DATE Further company coverage: (Gdansk Newsroom)
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