--- title: "VIV: Adjusted EBITA improved despite lower revenues, with Gameloft's margin up and portfolio value down" type: "News" locale: "en" url: "https://longbridge.com/en/news/297937401.md" description: "Revenues declined 3.5% year-over-year to €140 million, with EBITA impacted by restructuring costs but adjusted EBITA showing improvement. Gameloft's profitability rose, and the investment portfolio value fell due to UMG share price decline. Major legal and regulatory events occurred.Original document: Vivendi SE [VIV] Earnings Release — Sep. 3 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source." datetime: "2026-09-03T15:50:27.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/297937401.md) - [en](https://longbridge.com/en/news/297937401.md) - [zh-HK](https://longbridge.com/zh-HK/news/297937401.md) generator: "portal-rs" --- # VIV: Adjusted EBITA improved despite lower revenues, with Gameloft's margin up and portfolio value down Revenues declined 3.5% year-over-year to €140 million, with EBITA impacted by restructuring costs but adjusted EBITA showing improvement. Gameloft's profitability rose, and the investment portfolio value fell due to UMG share price decline. Major legal and regulatory events occurred. Original document: Vivendi SE \[VIV\] Earnings Release — Sep. 3 2026 **Disclaimer** This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source. ### Related Stocks - [UNVGY.US](https://longbridge.com/en/quote/UNVGY.US.md) - [VIV.US](https://longbridge.com/en/quote/VIV.US.md) ## Related News & Research - [BREAKINGVIEWS-How a Universal LBO could hit the right notes](https://longbridge.com/en/news/303727443.md) - [Telefônica Brasil confirms preliminary talks with Vero shareholders over potential acquisition](https://longbridge.com/en/news/303730919.md) - [Paid Subscription Growth May Change The Case For Universal Music Group Stock](https://longbridge.com/en/news/303859139.md) - [Universal Music Group discussed going private with buyout firms, Bloomberg News reports](https://longbridge.com/en/news/303132785.md) - [How Executive Layoffs At Universal Music Group (ENXTAM:UMG) Have Changed Its Investment Story](https://longbridge.com/en/news/302188958.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**