Since its listing on the London Stock Exchange, the CANAL+ Group no longer publishes details of its results in Africa, as this information is now aggregated with Asia.
As a result, revenue in Asia and Africa fell by 2.3% (€267 million) due to a high base in Q1 2024 as a result of the 2024 African Cup of Nations.
At the same time, revenue in Europe declined by 4.5% and CANAL+GROUP's overall revenue posted organic growth of +1.5%, in line with expectations (-2.5% in published data following the termination of unprofitable contracts).
The box office success of Paddington in Peru, Bridget Jones: Mad About Him, and Love in the Present contributed to an 8.2% increase in Content Production, Distribution, and Other activities.
In the first quarter of 2025, a new milestone was reached in February 2025 in the process of acquiring Multichoice Group with the announcement of the proposed post-transaction structure and the postponement of the deadline for the takeover bid to October.
According to Maxime SAADA, Chairman of the Executive Board of CANAL+, "2024 was a pivotal year for CANAL+. Bolstered by solid financial discipline, this first quarter of 2025 reinforces our ambition to become a global leader in media and entertainment."
