Earnings release
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BOLLORÉ 2020 results Good results for all Bolloré Group business activities in 2020 in the context of the COVID - 19 health crisis PRESS RELEASE March 4 , 2021 ◉ • Revenue : € 24,109 million , -3 % ( -3 % at constant scope and exchange rates ) . Adjusted operating income ( EBITA ( ¹ ) ) : € 2,043 million + 25 % ( + 23 % at constant scope and exchange rates ) : . Bolloré Transport & Logistics : € 607m , -5 % ■ " • Communication ( Vivendi ) : • Electricity Storage and Systems : € 1,627m , + 7 % € 102m , versus - € 434m ( + 76 % ) Net income : € 1,563 million , up ( + 11 % ) ( not including a capital gain on the sale on March 31 , 2020 , of 10 % of Universal Music Group's ( UMG ) on the basis of an enterprise value of € 30 billion for 100 % , recognised in equity for € 2.8 billion ) , and net income Group share of € 426 million , up 79 % . Net debt : € 9,136 million , compared with € 8,720 million at 31 December 2019 , of which € 4,183 million for Bolloré excluding Vivendi , down € 473 million year on year and € 4,953 million for Vivendi , before the receipt of € 2.8 billion for the sale of the further 10 % of Universal Music Group on January 31 , 2021 . Liquidity remained at a high level : € 9.2 billion as of January 31 , 2021 , including € 2.9 billion at Bolloré level . Gearing : 35 % . Proposed dividend : € 0.06 per share ( of which a € 0.02 interim already paid in September 2020 ) identical to that paid in respect of 2019 . 1 See glossary Page 1