USEUROPEAFRICAASIA 中文双语Français
Home / Mosaic

Vivendi profit boosted by higher earnings at Canal Plus

China Daily | Updated: 2008-09-02 07:57

Vivendi SA's second-quarter profit rose as higher earnings at French pay-TV operator Canal Plus made up for declining income at Universal Music Group.

Profit excluding one-time gains and some costs rose 0.3 percent to 757 million euros ($1.1 billion) from 755 million euros a year earlier, the Paris-based company said in a statement yesterday. Vivendi repeated a forecast for full-year earnings growth similar to that of 2007 and confirmed it plans to pay a dividend of at least 50 percent of adjusted net income.

Canal Plus's earnings improved for a fourth straight quarter, boosted by subscriber gains since buying Television Par Satellite last year to become the country's sole pay-TV company.

Vivendi profit boosted by higher earnings at Canal Plus

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US