Veolia Environnement: Very Strong 2018(1) First Half Results: Sustained Revenue Growth Continues with Accelerated EBITDA Progression in the Second Quarter
VEOLIA ENVIRONNEMENT ADR (VEOEY)
NASDAQ:AMEX Investor Relations:
veolia.com/en/veolia-group/finance-area
Company Research
Source: Business Wire
REVENUE : €12,565 MILLION, + 6.0%1, SEVEN CONSECUTIVE QUARTERS OF SUSTAINED GROWTH EBITDA : €1,673 MILLION, + 5.8%2 (+6.4%2 IN Q2 BETTER THAN THE +5.3%2 IN Q1) COST SAVINGS OF €148 MILLION IN LINE WITH THE GROUP’S ANNUAL OBJECTIVE (€78 MILLION IN Q2 IN ADDITION TO THE €70 MILLION FOR Q1) CURRENT EBIT: €792 MILLION, +6.8%2 CURRENT NET INCOME GROUP SHARE: €329 MILLION, UP +13.3%2 EXCLUDING NET CAPITAL GAINS. PUBLISHED NET INCOME GROUP SHARE: €225 MILLION PARIS--(BUSINESS WIRE)-- Regulatory News: Veolia Environnement (Paris:VIE): 2018 OBJECTIVES FULLY CONFIRMED Antoine Frérot, Veolia’s Chairman and CEO indicated: “The first half of 2018 finished once again in a rhythm of sustained growth of both activity and results. The commercial momentum that began two years ago continues.
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