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Canal+ Group Sees Share Price Jump by 9% After Confirming 2025 Revenue Outlook, Settlement With National Film Board and ‘Progress on Restructuring Plan’
Six months after getting listed at the London Stock Exchange, Canal+ Group saw its share price rise by 9% and confirmed its 2025 outlook on revenue.
The company, headed by CEO and chairman Maxime Saada, said it was “confident that the positive cash effects of its various other initiatives will start ramping up in 2026, including the renewed French cinema financing agreement, the decrease in costs in France and the profitability improvement of its new assets, Group Vivendi Africa and Dailymotion.” Canal+ said it was also still on track to completes its long-gestated acquisition of MultiChoice, the leading PayTV operator in English and Portuguese-speaking Africa, as it awaits merger control clearance from the South African competition authorities. Canal+ Group also revealed it had settled its legal spat with the National Film Board (CNC) over a dispute on a tax that applies to television services and concerned past fiscal years.
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