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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.

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