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Vivendi Universal Releases Numbers

Vivendi Universal has released financial results from its just-ended 2003 fiscal year. In its fourth quarter, the conglomerate posted revenues of 7.21 billion euros (approximately $9.10 billion U.S.), versus 15.97 billion euros (approximately $20.13 billion U.S.) a year earlier. Excluding assets disposed of during 2003, 2002 revenues would be 7.91 billion euros (approximately $9.97 billion U.S.).

In the year ending December 31, 2003, VU posted revenues of 25.35 billion euros (approximately $31.95 billion U.S.), versus the 58.15 billion euros (approximately $73.28 billion U.S.) it had in its 2002 fiscal year. Excluding assets sold through out the year, 2002ís fiscal year consolidated revenues were 27.54 billion (approximately $34.71 billion U.S.).

Vivendi Universal Games had fourth quarter revenues of 254.0 million euros (approximately $320.11 million U.S.), a 13.0 percent decline from the previous yearís fourth quarter. Full year revenues for the game division were 571.0 million euros (approximately $719.62 million U.S.), a drop of some 28.0 percent in year-over-year results. A conversion rate of 1 USD = 0.793452 EUR was used to compute results.

2/6/2004 Aaron Thomas

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