Bollore

Revenue in the first quarter 2020: €5,966 million

                                                                                                          

                                                                                                                                                                       

PRESS RELEASE

Financial information for the first quarter 2020

April 20, 2020

Revenue in the first quarter 2020: €5,966 million

+1% at constant scope and exchange rates
+5% as reported

Revenue in the first quarter 2020       At constant scope and exchange rates, the Group's revenue for the first quarter of 2020 was up by 1% at €5,966 million. This change mainly includes:     . a 5% drop in the transportation and logistics business, which was penalized by the fall in air traffic and, to a lesser extent, by a slowdown in maritime and the loss of the Douala terminal in Cameroon. Excluding the loss of Douala, the port concessions activity is growing.   the 6% drop in the oil logistics business, due to the fall in the price of oil products, although volumes sold were up slightly.   the increase in communication activities (+4%), essentially driven by the growth of Universal Music Group (+13%) and the Canal+ group (+1%).