Veolia: 20% increase in 9m net income
(CercleFinance.com) - Veolia reports current net income - group share that is up 20% at constant exchange rates at 457 million euros (+18.
1% at constant exchange rates and excluding financial capital gains), with EBITDA that is up 6.9% at constant exchange rates, at 2,418 million euros (+5.1% at current exchange rates).
The utilities group's revenues came in at 18,761 million euros at 30 September 2018, representing growth of 4.3% in current exchange rates, 6.6% at constant exchange rates and 4.7% LFL.
Chairman and CEO Antoine Frérot said, “The cost savings achieved for the nine months are perfectly in line with our annual objective of E300m. The combination of these performances allows us to fully confirm our objectives and to be confident in our outlook for 2019.”
Copyright (c) 2018 CercleFinance.com. All rights reserved.
1% at constant exchange rates and excluding financial capital gains), with EBITDA that is up 6.9% at constant exchange rates, at 2,418 million euros (+5.1% at current exchange rates).
The utilities group's revenues came in at 18,761 million euros at 30 September 2018, representing growth of 4.3% in current exchange rates, 6.6% at constant exchange rates and 4.7% LFL.
Chairman and CEO Antoine Frérot said, “The cost savings achieved for the nine months are perfectly in line with our annual objective of E300m. The combination of these performances allows us to fully confirm our objectives and to be confident in our outlook for 2019.”
Copyright (c) 2018 CercleFinance.com. All rights reserved.