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Vivendi Posts Hefty Loss In Q4 - Quick Facts

French media house Vivendi SA (VIVEF.PK, VIV.L) reported a sharply wider fourth-quarter loss attributable to shareowners of 1.49 billion euros, or 1.12 euros per share, versus a loss of 118 million euros, or 0.09 euros per share a year back.

Excluding items, quarterly adjusted net income totaled 356 million euros, or 0.27 euros per share.

For the recent quarter, Vivendi clocked revenues of 8.24 billion euros, up 5.9% from 7.78 billion euros in the prior-year quarter.

In addition, the firm announced the proposal to distribute a cash dividend of 1 euro per share.

by RTTNews Staff Writer

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