Canal Plus grows base as Vivendi confirms outlook

Canal Plus France added 96,000 net subscriptions in the year to June. The pay TV company posted revenues for the first half of this year of €2.392 billion, up 2.8%.

Canal Plus Group (which includes StudioCanal as well as the French and overseas pay TV operations) posted EBITA of €495 million for the first half, up 1.8%, but this included a second quarter dip of 10.4% to €256 million.

Parent company Vivendi has confirmed its outlook for the full year after reporting a 20% increase in adjusted net income for the first half of the year.

The French media group posted revenues of €14.253 billion for the first half, up 2.4% at constant currency compared with 2010. EBITA for the period was €3.363 billion, up 3.7% at constant currency.

Telecom group SFR posted revenue of €6.12 billion, down 2%. However broadband internet and fixed revenues grew 1.3% to €2 billion. Broadband customers grew by 96,000 in the six months to 4.983 million. The company’s Newfbox Evolution offering has attracted about 415,000 customers since its launch in November 2010.