BOLLORE : First half 2018 Results

  PRESS RELEASE First half 2018 Results(1) August 31, 2018   Bolloré Group performs strongly in the first half of 2018   Group revenue: €10,869m,+7% at constant scope and exchange rates (+54% on a reported basis, including €6,460m contribution from Vivendi)...

London, 31/08/2018 (informazione.news - comunicati stampa - trasporti)

Liquidity: at June 30, 2018 the undrawn available amount was around €2,300m.

(1) At Vivendi, primarily Telecom Italia at 06/30/2017. Shareholding in Telecom Italia reclassified under non-operating companies accounted for using the equity method at 06/30/2018
(2) Vivendi's net debt before the remaining payment due on the Ubisoft and Fnac Darty sales (€768m)
(3) Gearing: net debt / equity ratio
(4) Excluding Vivendi and Havas

(*) December and June 2017 data adjusted, see "Comparability of financial statements" section

(*)    December and June 2017 data adjusted, see "Comparability of financial statements" section

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.

  (*)   December and June 2017 data adjusted, see "Comparability of financial statements" section

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.

             
(*) December and June 2017 data adjusted, see "Comparability of financial statements" section

Detailed presentation of the financial statements is available online at www.bollore.com.
The procedures for a limited review of the half-year financial statements have been carried out. The limited review report will be issued after reviewing the half-year financial report.

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New reporting standards applied from January 1, 2018

Vivendi's €1,216m capital gain following the sale of its stake in Ubisoft on March 20, 2018 could not be recognized in the profit and loss statement except for €56m (corresponding to the revaluation of the stake between January 1 and March 20, 2018).
Under the former IAS 39, it would have been fully recognized in profit and loss in H1 2018.