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Canal+ ( (GB:CAN) ) just unveiled an announcement.
CANAL+ announced amendments to its FY 2024 results, highlighting a strategic shift towards becoming a global media leader with a subscriber base goal of 50 to 100 million. The company reported solid financials with a revenue increase to EUR6.45 billion and successful integration of new assets like Dailymotion and GVA. The ongoing acquisition of Multichoice positions CANAL+ as a leading PayTV player in Africa, with significant synergies expected. The company also expanded its content offerings and partnerships, enhancing its market presence and subscriber satisfaction.
More about Canal+
CANAL+ is a global media and entertainment company that specializes in producing and distributing content across multiple platforms. It operates in 52 countries across three continents, focusing on PayTV and content production, with a significant presence in cinema and sports broadcasting.
YTD Price Performance: -13.72%
Average Trading Volume: 5,564,813
Current Market Cap: £1.75B
See more data about CAN stock on TipRanks’ Stock Analysis page.