Veolia: 9m underlying earnings almost flat.
(CercleFinance.com) - Veolia has published underlying net income, group share of 406 million euros for the first nine months of 2017, i.
e. -0.7% at constant exchange rates, although up 3.3% current terms, excluding capital gains, and -1.6% and up 4.3% at constant exchange rates.
The utilities group's EBITDA came in at 2,359 million euros, up 1.3% cent in current terms and up 1.7% at constant exchange rates, for turnover of 18.221 million euros, up 3.7% in current terms and up 4.4% at constant exchange rates.
The group has confirmed all its medium-term prospects. For 2017, Veolia expects renewed sales growth, stability or moderate growth in EBITDA and increased efforts in terms of cost reductions, which will exceed 250 million euros.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
e. -0.7% at constant exchange rates, although up 3.3% current terms, excluding capital gains, and -1.6% and up 4.3% at constant exchange rates.
The utilities group's EBITDA came in at 2,359 million euros, up 1.3% cent in current terms and up 1.7% at constant exchange rates, for turnover of 18.221 million euros, up 3.7% in current terms and up 4.4% at constant exchange rates.
The group has confirmed all its medium-term prospects. For 2017, Veolia expects renewed sales growth, stability or moderate growth in EBITDA and increased efforts in terms of cost reductions, which will exceed 250 million euros.
Copyright (c) 2017 CercleFinance.com. All rights reserved.