Vivendi Games Earnings Soar

GI.biz report that Vivendi has seen a sharp earnings rise for the first half of fiscal 2007. The figures show a 10.6% increase compared to the same period of the prior year. Earnings before interest and taxes were €119 million, up 91.9 per cent fro the prior year. Apparently all things World of Warcraft help greatly to the companies “continued momentum“.

Vivendi demonstrated significant growth in revenues, EBITA, adjusted net income and cash flow generation in the first half of 2007,” said Jean-Bernard Lévy, chairman of Vivendi’s management board. “By the end of the year, we expect to exceed the record year we had in 2006 and we confirm our outlook for an adjusted net income above 2.7 billion Euros.