Overview
- Canal+ reported on Tuesday, July 28, 2026, that group revenue rose about 40% to roughly €4.3 billion in H1 2026, a jump that company statements attribute mainly to the addition of Africa’s MultiChoice.
- Adjusted EBIT before exceptional items climbed 68% to €433 million for the half year, reflecting both MultiChoice contribution and early cost savings across the enlarged group.
- Canal+ said it has realized roughly half of a targeted €250 million in synergies from the takeover and that MultiChoice’s adjusted EBIT rose about 160% to €143 million, helped by roughly €120 million of synergies and the shutdown of loss-making streamer Showmax.
- The combined business counted just over 41 million subscribers at the end of H1, with new customer sign-ups in MultiChoice markets up about 40% year‑on‑year and June showing the strongest monthly pickup in South Africa in a decade due to the FIFA World Cup.
- Operational moves include price and distribution changes such as equipment price cuts in Kenya, expanded point‑of‑sale coverage, and increased investment in African productions and long-term sports rights, while management warns World Cup-driven gains and favourable cost timing may not repeat in H2.