Starting the year on a solid footing, Veolia posted revenues of €6,785m (+4.8% at CER). A promising performance in the Waste division (+7.6%), which saw volumes increasing in all major geographies, coupled with favourable pricing developments, and expanding international activities notably in Asia (+10.9%) and LatAm (+29.2%) have supported the top-line against headwinds from the adverse weather in Europe and the US. With the cost cutting programme slightly ahead of 2019’s objective
02 May 2019
On track with the 2019 outlook
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On track with the 2019 outlook
Veolia Environnement SA (VIE:WBO) | 0 0 1.5% | Mkt Cap: 11,079m
- Published:
02 May 2019 -
Author:
Jorge Velandia -
Pages:
4
Starting the year on a solid footing, Veolia posted revenues of €6,785m (+4.8% at CER). A promising performance in the Waste division (+7.6%), which saw volumes increasing in all major geographies, coupled with favourable pricing developments, and expanding international activities notably in Asia (+10.9%) and LatAm (+29.2%) have supported the top-line against headwinds from the adverse weather in Europe and the US. With the cost cutting programme slightly ahead of 2019’s objective