Veolia: current income quasi-stable for nine months


© Reuters. Veolia: current income quasi-stable for nine months

Veolia (PA:LIFE) publishes a net current result-group share of € 406 million for the first nine months of 2017, or 1.6% in the current and 0.7% at constant exchange rates, but growth of +3.3% at current excluding capital gains and of +4.3% at constant exchange rates.

The group’s EBITDA of group services amounted to 2.359 million euros, up +1.3% in current and +1.7% at constant exchange rates, for a turnover of 18.221 million, a growth of 3.7% and 4.4% at constant exchange rates.

The medium term outlook are fully confirmed. For 2017, Veolia envisages a restart of the growth of sales, stability or moderate growth in EBITDA and an increased effort for cost reductions of over 250 million euros.

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