Veolia released H1 16 numbers. Revenues were down 2.9% to €11,956m (-1% at CER), EBITDA up +3.2% to €1,580m (+5.6% at CER), current EBIT up +5.3% to €749.7m (+8.2% at CER) and current net up +6.4% to €341.8m (+10.1% at CER). Net debt debt stood at €8,678m at the end of Q2 (€9.2bn a year ago, €8.3bn in Q1). The group confirmed its FY outlook (revenues and EBITDA growth, free cash flow over €650m, current net income over €600m). Lastly, the group ann
01 Aug 2016
H1 16 : a good set of results supporting our valuation
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H1 16 : a good set of results supporting our valuation
Veolia Environnement SA (VIE:WBO) | 0 0 1.5% | Mkt Cap: 11,079m
- Published:
01 Aug 2016 -
Author:
Fabrice Farigoule -
Pages:
3
Veolia released H1 16 numbers. Revenues were down 2.9% to €11,956m (-1% at CER), EBITDA up +3.2% to €1,580m (+5.6% at CER), current EBIT up +5.3% to €749.7m (+8.2% at CER) and current net up +6.4% to €341.8m (+10.1% at CER). Net debt debt stood at €8,678m at the end of Q2 (€9.2bn a year ago, €8.3bn in Q1). The group confirmed its FY outlook (revenues and EBITDA growth, free cash flow over €650m, current net income over €600m). Lastly, the group ann