Canal+ Group Sees Share Price Jump by 9% After Confirming 2025 Revenue Outlook, Settlement With National Film Board and ‘Progress on Restructuring Plan’

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Approximately half a year following its debut at the London Stock Exchange, Canal+ Group experienced an increase of 9% in its share price, reaching £2.19 per share on June 6th. This boost occurred during their inaugural general meeting where they also reaffirmed their projected revenue and EBITA targets for 2025. These targets indicate a potential cash inflow of $515 million.

At our upcoming gathering, I’m thrilled to share some exciting news: Our company anticipates that its cash flow in 2025 will surpass €500 million. This optimistic forecast comes as a result of the significant advancements we’ve made on our proposed restructuring plan. Surprisingly, these efforts have led to lower-than-anticipated expenses! As a movie buff, I can’t help but see this as a plot twist with a happy ending!

canal+ announced last December a plan to reduce staff by around 250 positions, with up to 150 of these cuts potentially linked to the closure of its channel C8, whose frequency was terminated by Arcom following the controversial talk show “Touche pas à mon poste.” Additionally, canal+ has decided to scale back its investment in local film production for the next three years from over €600 million ($683 million) between 2022-2024 to €480 million ($547 million).

Under the leadership of CEO and chairman Maxime Saada, the company expressed optimism that the beneficial financial impacts of their multiple initiatives will significantly increase in 2026. These include the revitalized French cinema financing accord, reduced costs in France, and enhanced profitability of their new ventures, namely Group Vivendi Africa and Dailymotion.

Canal+ remains optimistic about finalizing its purchase of MultiChoice, a prominent PayTV operator in Africa primarily speaking English and Portuguese, once they receive approval from South African competition authorities concerning the merger. Originally scheduled for April, the transaction has been postponed by half a year due to local regulations.

If the required tender offer for MultiChoice Group is successfully finalized, the company plans to reassess its capital distribution strategy, taking into account the results of the offer and the revised financial position of the merged entities,” the statement noted before the shareholders’ meeting.

Canal+ Group announced that they’ve resolved their disagreement with the National Film Board (CNC) regarding a tax on TV services from previous years. In other words, the dispute is now settled, and this resolution eliminates any doubt about potential large additional payments.

As a passionate movie enthusiast, I’m thrilled to share that for the initial quarter of this year, my beloved Canal+, now operating independently after being under Vivendi, has reported impressive financial results. The revenues from their content and distribution division, encompassing Studiocanal and Dailymotion, soared by 8.2%, reaching €158 million ($180 million) for the period ending March 31, 2025. This growth can be attributed to the remarkable box office successes of “Bridget Jones: Mad About the Boy,” “Paddington in Peru,” and “We Live in Time.

In the process of growing its global reach through buyouts and mergers, Canal+ has additionally announced a partnership deal with Netflix. This collaboration, already active in France and Poland, is now expanding to French-speaking regions below the Sahara Desert in Africa. Beginning in July, Canal+ will offer Netflix as part of its subscription package in 24 African countries located south of the Sahara.

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2025-06-06 21:49