Canal+ reported robust financial results, showcasing a 1.5% year-on-year increase in revenue, reaching €1,547 million. This positive trend is largely attributed to the success of its content production arm, with films such as "Paddington in Peru," "Bridget Jones: Mad About the Boy," and "We Live in Time" contributing to an impressive 8.2% surge in this sector. Maxime Saada, Chief Executive Officer of Canal+, highlighted 2024 as a pivotal year, emphasizing the achievement of several key strategic milestones. He stated, “2024 was a pivotal year for CANAL+ as we achieved several key strategic milestones. In the first quarter of 2025, we continued to build on this momentum, moving towards our goal of becoming a global media and entertainment leader, supported by strong financial discipline.”
Saada further expressed confidence in the upcoming merger with MultiChoice, anticipating its completion on October 8th. This strategic alliance promises to significantly expand Canal+'s footprint in Africa, incorporating English and Portuguese-speaking markets alongside its existing French-speaking base. The positive financial performance extended to Poland, where revenue growth was fueled by a notable increase in Average Revenue Per User (ARPU). Meanwhile, other European markets experienced stable revenues, thanks to a combination of growth in Over-The-Top (OTT) revenues and improved advertising performance.