PARIS (Reuters) - France's acquisitive media conglomerate Vivendi <VIV.PA> reported higher third-quarter earnings and kept its 2017 outlook for an increase in sales and profit over the year.
Vivendi's third-quarter EBITA (earnings before interest, tax and amortisation) rose 5.7 percent from a year ago to 293 million euros (£261.4 million), while its revenue increased by 19.3 percent to 3.184 billion euros.
Vivendi, chaired by French billionaire Vincent Bollore <BOLL.PA>, has built up stakes in companies such as Telecom Italia <TLIT.MI>, MediaSet <MS.MI>, video games group Ubisoft <UBIP.PA> and it bought advertiser Havas <HAVA.PA> this year.
Vivendi kept its 2017 outlook for revenue to increase more than 5 percent and for a rise of around 25 percent in its EBITA, prior to its integration of the Havas business.
(Reporting by Sudip Kar-Gupta, editing by David Evans)