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vivendi press release . Paris , July 28 , 2021 Vivendi : Very good results for the first half of 2021 • Revenues of € 8.2 billion , up 11.9 % at constant currency and perimeter compared to the first half of 2020 • EBITA up 49.3 % at constant perimeter and currency . All businesses are growing : Universal Music Group ( UMG ) : + 38 % ✓ Canal + Group : + 10 % Havas Group : + 92 % ✓ Editis : + € 10M v . - € 21M • Adjusted net income of € 724 million , up 24.1 % compared to the first half of 2020 Net debt decreased to € 2.9 billion as of June 30 , 2021 , compared to € 4.95 billion as of December 31 , 2020. Over the same time period , the gearing decreased to 14.9 % as of June 30 , 2021 , compared to 30.1 % as of December 30 , 2020 , boosted by the sale of 10 % of UMG's share capital at the beginning of the year • Pursuit of the planned distribution of 60 % of UMG's share capital to Vivendi shareholders and UMG's listing on Euronext Amsterdam on September 21 , 2021 FIRST HALF 2021 KEY FIGURES ( In millions of euros ) % change year - on - year % change year - on - year at constant currency and perimeter¹ Revenues € 8,221 M +8.5 % + 11.9 % EBITA² , 3 € 1,066 M +45.0 % +49.3 % EBIT³ € 973 M + 47.3 % Adjusted Net Income² € 724 M +24.1 % Net debt € 2,878 M € 4,953 M as of Dec 31 , 2020 1 Constant perimeter notably reflects the impact of the acquisition of Prisma Media , consolidated since May 31 , 2021 . 2 Non - GAPP measures . 3 A reconciliation of EBIT to EBITA are presented in Appendix I. 1