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Vivendi raises 2007 SFR, Maroc Telecom, games goals

Fri Aug 31, 2007 5:32am EDT
 
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PARIS, Aug 31 (Reuters) - French media group Vivendi (VIV.PA: Quote, Profile, Research, Stock Buzz) on Friday raised the 2007 outlook for its SFR mobile phone, Maroc Telecom (IAM.PA: Quote, Profile, Research, Stock Buzz) IAM.CS and Vivendi Games units.

Documents made available at Vivendi's first-half earnings news conference showed that it now targeted a stable revenue for SFR mobile instead of a "slight" decline" previously forecast.

For Maroc Telecom, it now eyes organic sales growth of over 8 percent instead of 6 percent previously, and EBITA growth of over 20 percent instead of 10 percent previously.

The games division is now expected to show 2007 EBITA growth of at least 50 percent.

The previous forecast was that EBITA growth for the games division would outpace that of sales in 2007, which Vivendi still expects to be of at least 20 percent.

 

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