• Most Popular
  • Most Shared

Vivendi raises 2007 SFR, Maroc Telecom, games goals

Fri Aug 31, 2007 5:32am EDT

Stocks

   

PARIS, Aug 31 (Reuters) - French media group Vivendi (VIV.PA) on Friday raised the 2007 outlook for its SFR mobile phone, Maroc Telecom (IAM.PA) (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.



More from Reuters

Joint Terminal Attack Controller SSgt Clinton J. Herbison, a U.S. Airman from the 817 Expeditionary Air Support Operations Squadron (EASOS) takes a break during a night mission near Honaker Miracle camp at the Pesh valley of Kunar Province August 12, 2009. Credit: REUTERS/Carlos Barria

Pictures of the Year

A look at the best photos of 2009.  Slideshow 

    The Dalai Lama jokes with a nasal spray after being asked his opinion on the swine flu during a press conference after his first lecture in Lausanne, Switzerland, August 4, 2009. REUTERS/ Valentin Flauraud

    What a wacky year it's been...

    Um, what's up the Dalai Lama's nose? "Oddly Enough" editor Bob Basler rounds up the goofiest photos of the year.  Full Article 

    A caution sign is seen next to a stock board at the Australian Securities Exchange (ASX) in Sydney September 5, 2008. REUTERS/Daniel Munoz
    Political Risk in 2010:

    Don't say we didn't warn you

    With the financial crisis (mostly) in the past, U.S. investors are eying a fresh start to the coming year. Here's a look at what speedbumps lie ahead.  Full Article