Veolia: token underlying net income in first half
(CercleFinance.com) - Veolia has reported underlying net income, group share of 7 million euros for the first half of 2020, a far cry from the 352 million euros reported a year ago, while EBITDA reached 1.
6 billion euros, down 17.3% LFL.
The utilities group's revenues amounted to just over 12.4 billion euros, down 6.1% at constant exchange rates (-6.8% at current exchange rates) and 5.6% at constant consolidation scope and exchange rates.
With the gradual improvement in its activities since the end of lockdown measures, Veolia expects its operating performance to return to a level equivalent to that in 2019 in Q4 2020, while starting 2021 having erased the scars of the health crisis.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
6 billion euros, down 17.3% LFL.
The utilities group's revenues amounted to just over 12.4 billion euros, down 6.1% at constant exchange rates (-6.8% at current exchange rates) and 5.6% at constant consolidation scope and exchange rates.
With the gradual improvement in its activities since the end of lockdown measures, Veolia expects its operating performance to return to a level equivalent to that in 2019 in Q4 2020, while starting 2021 having erased the scars of the health crisis.
Copyright (c) 2020 CercleFinance.com. All rights reserved.