FranceCanal+'s revenue increased by 40% during the first half of 2026, driven by the acquisition of MultiChoice, a leading pay TV provider in Africa. The French audiovisual group now has 41 million subscribers across more than 70 countries, four times the number from ten years ago. Total revenue reached €4.3 billion in the first half of the year, compared to €3.1 billion in the same period last year. Excluding MultiChoice, revenue growth was 1.4%. Canal+ has already achieved nearly half of the expected cost synergies for the year, amounting to €120 million out of a target of €250 million. The adjusted operating income (EBITA) rose 68% to €433 million, with a margin of 10.1%, largely due to the integration of MultiChoice. In Africa, efforts to make set-top boxes and satellite dishes more affordable for new customers, along with strengthened distribution networks, led to a 40% increase in subscriber growth compared to the previous year. In Europe, particularly in France, Canal+ reports a 'positive dynamic,' citing strict cost management and growing subscriber numbers. Despite uncertain macroeconomic and geopolitical conditions, the company reaffirmed its annual and medium-term goals.
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