Universal Music Group parent company Vivendi released its Q2 results today. (PDF of earnings release) First half revenues of €2,044 million were 4.9% improvement at constant currency and a 2.4% decline in actual currency. Digital revenues were up 33%, the same year-over-year improvement achieved in Q1. The company claimed growth in music publishing, merchandising and license income but offered no supporting numbers.

Q2 revenues were €1,011 million, a 3% gain at constant currency and a 5.3% decline in actual currency.

Not great but not bad all things considered. Revenue is only part of the story. Improved digital margins may be helping the overall but we weren't given any information. Unlike most Vivendi earnings releases, this one was void of anything but gross revenue numbers. No EBITA or operating profit numbers were given for any of its divisions.

[music jobs] HR Manager at EMI NA; New York, NY.