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BOLLORE: First half 2020 results

BOLLORE

Good half-year 2020 results for all business linesdespite the pandemicAdjusted operating income (EBITA(1)): €948m up 3%Net income Group share: €174m up 17%Revenue: €11,612 million, -1%EBITDA: €1,555 million, +10%Adjusted operating income (EBITA (1)) €948 million, +3%:Net income: €758 million, up by 43% and net income Group share of
€174 million,
an increase of 17%. This does not include the gain on the sale of 10% of the share capital of UMG on March 31, 2020, on the basis of an enterprise value of €30 billion for 100% of UMG. The sale was recognized in equity in the amount of €2.8 billion.
Net debt: €7,528 million, down by €1,192 million compared to December 31, 2019 (of which Bolloré, excluding Vivendi: €4,471 million, down €185 million).Improved gearing: 28% compared to 34% at the end of 2019 and continued high liquidity of €8.1 billion (of which €2.7 billion for Bolloré) Interim dividend: €0.02 per share payable in cash on September 4, 2020.

First half 2020 results

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