Domestic pay TV growth boosts Canal Plus
16 Nov 10 -
French pay TV provider Canal Plus posted revenues of €3.364 billion for the nine months to the end of September, up 2.9% year-on-year, thanks to growth in subscriber revenue and ad sales in mainland France.
Canal Plus France added 248,000 net subscribers in the year to September, with all but 2% now taking digital services. The group also reported strong growth in Africa, while its Polish operation achieved some growth despite a tougher economic environment.
EBITA was €760 million, up from €754 million a year earlier.
Parent company Vivendi posted revenues of €20.869 billion for the nine months, up 6.9% year-on-year. EBITA was €4.67 billion, up 10%.