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Vivendi revenues up 5.9% in Q4, net profit falls 17.8%
2013-02-26 09:53:00| Telecompaper Headlines
(Telecompaper) Telecom and media group Vivendi reported revenues up 5.9 percent to EUR 8.24 billion in the fourth quarter of 2012, driven by a 25.7 percent increase to EUR 1.36 billion at games subsidiary Activsion Blizzard. Vivendi's operating margin grew by 8.6 percent to EUR 3.77 billion. The group reported EBITA down 4.2 percent to EUR 952 million and an adjusted net profit down 17.8 percent to EUR 356 million. Vivendi's French operator, SFR, saw its sales fall 8.7 percent to EUR 2.78 billion in the fourth quarter. It made a EUR 50 million EBITA loss, compared to a EUR 393 million profit a year earlier. Vivendi chairman Jean-Francois Dubos said that all subsidiaries reached their outlook for the full year, despite a challenging economic environment. He added that the group's ongoing strategic review would define when appropriate the right paths to increase overall value and best serve shareholder interests.
Tags: net
falls
profit
revenues
Bucks County Worker Falls Into Sugar Vat, Dies
2013-02-26 06:11:12| Sugar Industry News
A man died today after falling into a vat at a sugar processing plant in Bucks County.
Us Stocks-Wall St trips and falls on cloudy Italian election
2013-02-26 05:11:51| Biotech - Topix.net
U.S. stocks on Monday suffered their biggest drop since November after a strong showing in Italian elections by groups opposed to the country's economic reforms triggered worry that Europe's debt problems could once again destabilize the global economy.
Tags: italian
falls
election
trips
Infonetics: PBX Revenue Falls Despite Demand; Unified Communications Vendor Battle Looming
2013-02-25 21:33:22| Telecom - Topix.net
Market research firm Infonetics Research released vendor market share and preliminary analysis from its 4th quarter 2012 and year-end Enterprise Unified Communications and Voice Equipment report.
Tags: communications
falls
demand
battle
Average rate on US 30year fixed mortgage falls to 3.34 pct., lowest since 1971
2013-02-25 20:36:30| The Manufactured Housing Global Network
Average U.S. rates on fixed mortgages fell to fresh record lows this week, a trend that has helped the housing market start to recover this year. Mort
Tags: rate
average
fixed
lowest
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