Pay TV, gaming lift Vivendi income

Vivendi posted an 8.3% rise in adjusted full year, net profit, pulled by Maroc Telecom, its pay TV group and its video games unit behind the popular World of Warcraft game, a Reuters report said.

The French telecoms and media group reported adjusted net earnings of €2.83 billion in the 12 months to December 31, above forecasts of €2.809 billion based on Reuters' estimates from February 27.

Vivendi said it expected profitability in 2008 to improve as it did in 2007.

The Reuters report also said earnings before interest, tax and amortization rose 8% to €4.721 billion .

Vivendi owns the world's biggest record company, Universal Music Groupl and controls France's second largest mobile operator SFR.

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