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PARIS, Feb 23 (Reuters) - French media giant Vivendi said its core operating profit fell by 23.2 percent last year, hit by a drop in the number of customers its French pay-TV arm Canal Plus.
Earnings before interest, tax and amortisation amounted to 724 million euros over the period, missing a Reuters poll average of 820 million.
Vivendi, led by billionaire Vincent Bollore, said it expected the turnaround of its pay-TV operations would bear fruit this year and help its core operating profit rebound by 25 percent, with group revenues advancing by 5 percent. (Reporting by Mathieu Rosemain and Gwenaelle Barzic; Editing by Andrew Callus)