Vivendi 2012 Profit Drops 94%

Vivendi

reported a fall in its 2012 profit. Vivendi's 2012 profit declined 94% to EUR164 million, while adjusted earnings before interest and tax dropped 9.8% to EUR5.28 billion. Its revenue climbed 0.6% to EUR28.99 billion. Vivendi shares closed at $20.20 yesterday.