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BOLLORÉ PRESS RELEASE Financial information for the first quarter 2021 22 April 2021 Solid growth in Group revenue in first - quarter 2021 : € 6,102 million , up 6 % at constant scope and exchange rates Revenue for the first quarter 2021 At constant scope and exchange rates , the Group's first - quarter 2021 revenue was up 6 % to € 6,102 million . This change mainly includes : a 15 % increase in the transport and logistics business driven by freight forwarding , resulting mainly from an increase in volumes and freight rates in air and maritime traffic . The contraction of logistics activities in Africa was largely offset by the good performance of the port concessions business ; a 10 % decline in oil logistics due to the decrease in oil product prices and volumes sold ; ✰ growth in communications activities ( + 5 % ) , driven primarily by the growth of Universal Music Group ( + 9 % ) and Editis ( + 40 % ) ; a 24 % increase in electricity storage and systems , owing mainly to the growth of Blue Solutions and BlueBus . Revenue as reported increased 2 % year on year owing to unfavourable foreign exchange impacts of - € 213 million and a scope effect of + € 20 million . Page 1