Vivendi: First Quarter In Line With Company's Expectations
April 29 2010 - 5:25AM
Dow Jones News
French entertainment and telecommunications company Vivendi SA
(VIV.FR) said Thursday that the first quarter of 2010 was in line
with the company's expectations.
In the slides for a presentation at its shareholders meeting,
Vivendi said it expects "slight growth" in adjusted earnings before
interest and tax for 2010 as a whole.
In March, the group had said it expected "further growth" in
adjusted EBIT, which excludes certain charges relating to
acquisitions and mergers.
Vivendi intends to continue to pay out a "high dividend,"
according to the presentation.
-By Jethro Mullen, Dow Jones Newswires; 33 1 4017 1738;
jethro.mullen@dowjones.com
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