Vivendi Set To Tell All

After a year that saw its former high-flying chief exec Jean-Marie Messier fined for misusing company funds and misleading investors, Vivendi will detail how it’s taken care of other business at the beginning of March.

After the first six months of 2010 Vivendi, which owns Universal Music Group, announced revenues were up 6.1 percent to $17.91 billion and it expected to better the $3.32 billion it made in 2009.

Whether it’s met that target will be revealed March 31 at a press conference at the Hotel Salomon de Rothschild in Paris.

Universal, the world’s biggest music company, didn’t have such a good start to last year. Sales dropped more than 5.4 percent but Vivendi expressed confidence that things would improve in the second half of 2010.