Canal+ Confirms 2025 Outlook and Expects One-Off Cash Boost
Why we think this is neutral
The RNS provides a general business update from Canal+, confirming the company's 2025 revenue and EBITA outlook, as well as details on a one-off cash improvement and litigation proceedings. While the news is positive overall, it does not fall into any of the specific mandatory news categories that would warrant a higher sentiment score.
Key Points
- Confirmed 2025 revenue and EBITA outlook
- Higher than expected cash level, ahead of the envisaged MultiChoice Group acquisition
- Agreement reached with CNC on litigation proceedings
Summary
Canal+ (LSE:CAN) has confirmed its 2025 revenue and EBITA outlook, with a material one-off cash improvement expected this year. The company has also reached an agreement with the CNC regarding the rules applicable to determining the tax basis of the French TST, settling past disputes. While the news is generally positive, the RNS does not contain any specific financial figures or guidance that would warrant a higher sentiment score.