This, according to a statement by the company, quoting Vivendi’s Arnaud de Puyfontaine and Hervé Philippe during a results conference, was the same number as 12 months earlier and reversed the losses seen in previous years.
At the same time, nc+’s revenues in 2016 amounted to €492 million, or 2.2% more than a year earlier at constant exchange rates.
The Canal+ Group saw particularly strong international growth in Africa in 2016, gaining 692,000 subscribers to reach 2,765,00 at year’s end. Its revenues on the continent grew by 19.9% to reach €450 million.
As previously reported by Broadband TV News, Canal+ Group experienced more challenging conditions in its home market in 2016.