PARIS (Reuters) – Universal Music Group (UM), the label owned by France’s Vivendi and which is behind singers such as Justin Bibber and boys band BT, on Wednesday unveiled revenue and profit growth targets for 2021 ahead of its September listing.
UM, which is due to list in Amsterdam, said it expected revenue in 2021 to grow by over 10% at constant currencies and EBITDA growth of over 20%.
(Reporting by Sarah White, Writing by Dominique Vidalon; Editing by Benoit Van Overstraeten)
