Veolia: 2019¹ First Half Results: Continued Sustained Revenue and Profits Growth
VEOLIA ENVIRONNEMENT ADR (VEOEY)
NASDAQ:AMEX Investor Relations:
veolia.com/en/veolia-group/finance-area
Company Research
Source: Business Wire
REVENUE : €13,324 MILLION, + 5.5%, CONTINUED SUSTAINED GROWTH, DRIVEN BY ROBUST COMMERCIAL MOMENTUMEBITDA : €2,002 MILLION, + 5.4% (+7.3% IN Q2 BETTER THAN THE +3.8% IN Q1)COST SAVINGS OF €121 MILLION AHEAD OF THE GROUP’S ANNUAL OBJECTIVE OF MORE THAN €220 MILLION CURRENT EBIT: €857 MILLION, +5.7%CURRENT NET INCOME GROUP SHARE: €352 MILLION, UP +7.2%PUBLISHED NET INCOME GROUP SHARE: €331 MILLION UP +46%SIGNING OF THE DIVESTITURE OF OUR US DISTRICT ENERGY ACTIVITIES FOR $1.25 BILLION: EV/EBITDA 2019e MULTIPLE OF 14.2X2019 OBJECTIVES FULLY CONFIRMED Un-audited data – Audit in Process PARIS--(BUSINESS WIRE)--Regulatory News:Antoine Frérot, Veolia’s Chairman and CEO indicated: “The first half of 2019 activity and results are fully in line with our sustained and profitable growth trajectory. Veolia has achieved strong revenue growth in all of its geographies, an evidence of the pertinence and coherence of our choices, of our capacity to capture the best opportunities for profitable grow
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