Tony Webster
The company's current market value is lower than its actual worth due to uncertainty in the market. An update regarding the listing plans will be given if there are any changes in the situation.
UMG also stated that its total revenue for the full year of 2025 reached €12.5 billion, representing an 8.7% increase compared to the previous year, when the impact of currency exchange rate fluctuations is not considered.
Meanwhile, the net profit decreased by 26.5% to reach €1.53 billion. The company stated that the decrease was due to the revaluation of its holdings in companies like Spotify and Tencent Music. Without these items, the profit rose by 7% to €1.91 billion.
Adjusted EBITDA rose by 5.6% to reach €2.81 billion.
UMG announced its plan to go public in the United States in January 2025. At that time, the company stated that a possible initial public offering would allow investors to purchase a share of the company's equity that was held by Bill Ackman's hedge fund, Pershing Square. Pershing Square's overall investment in UMG amounted to roughly $3.3 billion.
source: cnn.com
UMG also stated that its total revenue for the full year of 2025 reached €12.5 billion, representing an 8.7% increase compared to the previous year, when the impact of currency exchange rate fluctuations is not considered.
Meanwhile, the net profit decreased by 26.5% to reach €1.53 billion. The company stated that the decrease was due to the revaluation of its holdings in companies like Spotify and Tencent Music. Without these items, the profit rose by 7% to €1.91 billion.
Adjusted EBITDA rose by 5.6% to reach €2.81 billion.
UMG announced its plan to go public in the United States in January 2025. At that time, the company stated that a possible initial public offering would allow investors to purchase a share of the company's equity that was held by Bill Ackman's hedge fund, Pershing Square. Pershing Square's overall investment in UMG amounted to roughly $3.3 billion.
source: cnn.com