Veolia: 9m underlying income up 7.2%
(CercleFinance.com) - Veolia has reported underlying net income, group share, that is up 7.
2% at 486 million euros at 30 September 2019 (+7.7% at constant exchange rates and excluding capital gains), with underlying EBIT that is up 5.4% at 1,190 million euros (+5.5% at constant exchange rates).
The utilities group's EBITDA increased by 5.1% to 2,894 million euros, for sales of 19,764 million euros, up 5.2% in underlying terms, up 5% at constant exchange rate and up 3.8% at constant consolidation scope and exchange rates.
Veolia has confirmed its 2019 target of continued sales growth, savings of over 220 million euros, EBITDA of between 3.9 billion and 4 billion euros, and dividend growth that is in line with that of its underlying net income.
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2% at 486 million euros at 30 September 2019 (+7.7% at constant exchange rates and excluding capital gains), with underlying EBIT that is up 5.4% at 1,190 million euros (+5.5% at constant exchange rates).
The utilities group's EBITDA increased by 5.1% to 2,894 million euros, for sales of 19,764 million euros, up 5.2% in underlying terms, up 5% at constant exchange rate and up 3.8% at constant consolidation scope and exchange rates.
Veolia has confirmed its 2019 target of continued sales growth, savings of over 220 million euros, EBITDA of between 3.9 billion and 4 billion euros, and dividend growth that is in line with that of its underlying net income.
Copyright (c) 2019 CercleFinance.com. All rights reserved.