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MarketScreener Homepage  >  Equities  >  Euronext Paris  >  Vivendi SE    VIV   FR0000127771

VIVENDI SE

(VIV)
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Vivendi : EU Commission has received Vivendi's letter on Italy's draft media law

11/20/2020 | 09:41am EST
FILE PHOTO: French media giant Vivendi logo its Paris headquarters

BRUSSELS (Reuters) - The European Commission confirmed on Friday it had received a letter from Vivendi in which the French media group complained about an Italian draft law which would limit the company's position in the country.

"In the event that the Italian authorities notify the concerned draft measure, the Commission would assess its compliance with EU law before its adoption," a note from the Commissions spokesperson's service said.

Vivendi had previously informed the Italian government that it was ready to lodge a formal complaint with the Commission over the law, which is under discussion in parliament.

A second letter with similar content was sent to the European Commissioner for the internal market, Thierry Breton, sources told Reuters.

(Reporting by Foo Yun Chee in Brussels and Elvira Pollina in Milan, writing by Giulia Segreti)


© Reuters 2020
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Financials
Sales 2020 16 051 M 19 533 M 19 533 M
Net income 2020 1 138 M 1 385 M 1 385 M
Net Debt 2020 4 383 M 5 334 M 5 334 M
P/E ratio 2020 26,4x
Yield 2020 2,30%
Capitalization 31 417 M 38 244 M 38 231 M
EV / Sales 2020 2,23x
EV / Sales 2021 2,06x
Nbr of Employees 43 822
Free-Float 66,3%
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Mean consensus OUTPERFORM
Number of Analysts 23
Average target price 30,55 €
Last Close Price 26,56 €
Spread / Highest target 58,1%
Spread / Average Target 15,0%
Spread / Lowest Target -17,2%
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Managers and Directors
NameTitle
Arnaud Roy de Puyfontaine Chairman-Management Board & CEO
Yannick Bolloré Chairman-Supervisory Board
Stéphane Roussel Chief Operating Officer & Member-Management Board
Hervé Philippe Chief Financial Officer & Member-Management Board
Aliza Cohen-Jabès Member-Supervisory Board
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