Universal Music Group NV (STU:0VD)
€ 18.86 -0.030 (-0.16%) Market Cap: 35.10 Bil Enterprise Value: 38.45 Bil PE Ratio: 22.78 PB Ratio: 7.63 GF Score: 72/100

Q1 2026 Universal Music Group NV Earnings Call Transcript

Apr 29, 2026 / 04:15PM GMT
Release Date Price: €18.95 (-1.76%)
Operator

Good evening, and welcome to Universal Music Group's first quarter earnings call for the period ended March 31, 2026. My name is Gavin and I will be your conference operator today.

Your speakers for today's call will be Sir Lucian Grainge, Chairman and CEO of Universal Music Group; and Matt Ellis, Chief Financial Officer. They will be joined during Q&A by Michael Nash, Chief Digital Officer; and Boyd Muir, Chief Operating Officer.

(Operator Instructions) As a reminder, this call is being recorded.

Please also let me remind you that management's commentary and responses to questions on today's call may include forward-looking statements. which, by their nature, are uncertain and outside of the company's control. Although these forward-looking statements are based on management's current expectations and beliefs, actual results may vary in a material way.

For a discussion of some of the factors that could cause actual results to differ from expected results, please see the Risk Factors section of UMG's 2025 annual report, which is available on the Investor Relations

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