FINANCIERE DE L'ODET : 2018 revenue

FINANCIère de l'odet   PRESS RELEASE  February 14, 2019 2018 revenue: 23 billion euros, organic growth of 7% Revenue: 4 thquarter 2018: 6,499 million eurosup 7%like-for-like (scope and exchange), up 6 % on a reported basisRevenue for the...

London, 14/02/2019 (informazione.news - comunicati stampa - trasporti)

At constant scope and exchange rates, revenue reported by Financière de l'Odet in the fourth quarter 2018 rose by 7% to 6,499 million euros. This change mainly takes into account:

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It also takes into account the rise in communication business (+6%) driven by the growth of Universal Music Group (+12%) and a decline in electricity storage and solutions business (-16%), mainly due to the termination of the Autolib' service. In published figures, revenue increased by 6% as compared to revenue for the fourth quarter 2017.

At constant scope and exchange rates, 2018 revenue increased by 7% to 23,024 million euros.

In published figures, growth is 26%, taking into account 3,561 euros from a change in scope, mainly related to the integration of Vivendi over the full year 2018 (compared to 8 months in 2017), and -477 million euros in exchange rate variations , related to the appreciation of the euro against almost all other currencies, particularly the American dollar.

        *2017 data, restated for IFRS 15

At constant scope and exchange rates, compared to fiscal year 2017, the main sectors changed as follows:

(1) at constant scope and exchange rates
All amounts are expressed in millions of euros and rounded to the nearest decimal.
As a result, the sum of the rounded amounts may differ slightly from the reported total.