News Line

November 16, 2011

Vivendi has released an adjusted operating profit grew by 4.2% to 4.86 billion euros in the first nine months of the year. Sales rose more modestly, by 0.8%, to 21 billion euros. This morning, the group of media and telecoms has revised its forecast for 2011. At the end of the semester, Vivendi expected adjusted net income of 3 billion euros. Now it does table more than 2.85 billion.

This downward revision is the result of a contraction in activity. On the contrary, the good performance of various businesses, including the Brazilian telecom operator GVT and subsidiary of Activision Blizzard video games, should provide an additional net profit of 200 million euros.

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