Veolia: underlying earnings up 4.4% in 2017
(CercleFinance.com) - For 2017, Veolia reported 4.
4% growth in underlying earnings (group share) at 623 million euros (+7.3% adjusted for net capital gains and at constant exchange rates), with EBITDA that is up 2% at 3,284 million euros (+2.7% at constant exchange rates).
The turnover of the utility group reached 25,125 million euros, up 3.9% (+4.9% at constant exchange rates). In particular, the rest of the world (i.e. outside Europe) recorded growth of 11.6% excluding FX factors.
The group's Board of Directors will propose a dividend of 0.84 euro per share for 2017. For 2018, at constant exchange rates, Veolia aims to continue sustained growth in sales and EBITDA that exceeds its level of 2017.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
4% growth in underlying earnings (group share) at 623 million euros (+7.3% adjusted for net capital gains and at constant exchange rates), with EBITDA that is up 2% at 3,284 million euros (+2.7% at constant exchange rates).
The turnover of the utility group reached 25,125 million euros, up 3.9% (+4.9% at constant exchange rates). In particular, the rest of the world (i.e. outside Europe) recorded growth of 11.6% excluding FX factors.
The group's Board of Directors will propose a dividend of 0.84 euro per share for 2017. For 2018, at constant exchange rates, Veolia aims to continue sustained growth in sales and EBITDA that exceeds its level of 2017.
Copyright (c) 2018 CercleFinance.com. All rights reserved.