Hollande beats Sarkozy in presidential election: French TV Nicolas Sarkozy, France's incumbent president, reacts after his defeat for ...

Hollande beats Sarkozy in presidential election: French TV

Nicolas Sarkozy, France's incumbent president, reacts after his defeat for re-election in the second round vote of the 2012 French presidential elections as he appears on stage before UMP party supporters at the Mutualite meeting hall in Paris May 6, 2012. [Photo\Agencies]

The face of the newly-elected French President Francois Hollande appears on a giant screen to announce the winner of the 2012 French presidential elections at the local Socialist party headquarters in Strasbourg May 6, 2012. [Photo\Agencies]

Supporters of Nicolas Sarkozy, France's President and UMP party candidate for his re-election, react after early results in the second round vote of the 2012 French presidential elections at the Mutualite meeting hall in Paris May 6, 2012. [Photo\Agencies]

PARIS, May 6 (Xinhua) -- Socialist frontrunner Francois Hollande has won the French presidential election, beating the incumbent Nicolas Sarkozy in Sunday's final polling, local TV channel France 2 reported citing exit polls.

Hollande won 51.9 percent of all votes, the TV channel said.

The latest estimates have been in line with all opinion polls during the election campaign. Thousands of Socialists are celebrating in high spirit at the Bastille Square, while Hollande's son Thomas is being surrounded by enthusiastic friends as shown in TV footage.