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Canal+ Reports Strong 2024 Results and Strategic Growth Initiatives

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Canal+ Reports Strong 2024 Results and Strategic Growth Initiatives

Canal+ ( (GB:CAN) ) has issued an update.

Canal+ has released its unaudited full-year preliminary results for 2024, showcasing significant progress towards becoming a global media leader with 50 to 100 million subscribers. The company has achieved key milestones such as integrating new assets like Dailymotion and GVA, acquiring Multichoice, and expanding its content offerings. With solid financials, including a 3.6% revenue increase to EUR6.45 billion, Canal+ is well-positioned to continue its growth strategy. The company also emphasizes its role in local cinema and sports broadcasting, securing exclusive agreements and expanding its reach through partnerships with major technology and telecom operators.

More about Canal+

Canal+ S.A is a global media and entertainment company offering a wide range of services including production and distribution of content, PayTV services, and partnerships with technology and telecom operators. The company operates in 52 countries across three continents, focusing on cinema, sports broadcasting, and digital content platforms.

YTD Price Performance: -14.29%

Average Trading Volume: 6,057,133

Current Market Cap: £1.73B

For an in-depth examination of CAN stock, go to TipRanks’ Stock Analysis page.

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