Company invites individual and institutional investors, as well as advisors, to log-on to view the presentation
PARIS, Nov. 21, 2016 /CNW/ -- Veolia Environnement, SA., (Euronext: VIE, OTC: VEOEY) based in Paris, France, and the global leader in optimized resource management, today announced that their November 16, 2016 presentation from Terri Anne Powers, Director of North American Investor Relations, is now available for on-demand viewing in the dbVIC Deutsche Bank American Depositary Receipt (ADR) Virtual Investor Conference.
Veolia's presentation will be available 24/7 for 90 days. Investors may download shareholder materials from the virtual trade booth in the Exhibits section of the event.
Recent Company Highlights for the nine months ended September 30, 2016
- Continued strong results growth due to cost savings and despite an unfavorable exchange rate impact and a slight decline in revenue
- Revenue down 1.2% at constant exchange rates to €17,708 million. Excluding the impact of construction and energy prices, revenue increased 1.6% at constant exchange rates
- EBITDA increased 5.1% at constant exchange rates to €2,206 million, driven by cost savings
- Current EBIT improved 7.3% at constant exchange rates to €979 million
- Current net income – group share increased 8.8% at constant exchange rates to €421 million, and excluding capital gains was up 21.5% at constant exchange rates
- More than €175 million of cost savings was achieved during the first nine months of 2016
Veolia group is the global leader in optimized resource management. With over 174,000 employees worldwide, the Group designs and provides water, waste and energy management solutions that contribute to the sustainable development of communities and industries. Through its three complementary business activities, Veolia helps to develop access to resources, preserve available resources, and to replenish them. In 2015, the group Veolia supplied 100 million people with drinking water and 63 million people with wastewater service, produced 63 million megawatt hours of energy and converted 42.9 million metric tons of waste into new materials and energy. Veolia Environnement (listed on Paris Euronext: VIE) recorded consolidated revenue of €25.0 billion in 2015. http://www.veolia.com/en
Veolia Environnement is a corporation listed on the Euronext Paris. This press release contains "forward-looking statements" within the meaning of the provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements are not guarantees of future performance. Actual results may differ materially from the forward-looking statements as a result of a number of risks and uncertainties, many of which are outside our control, including but not limited to: the risk of suffering reduced profits or losses as a result of intense competition, the risk that changes in energy prices and taxes may reduce Veolia Environnement's profits, the risk that governmental authorities could terminate or modify some of Veolia Environnement's contracts, the risk that acquisitions may not provide the benefits that Veolia Environnement hopes to achieve, the risks related to customary provisions of divesture transactions, the risk that Veolia Environnement's compliance with environmental laws may become more costly in the future, the risk that currency exchange rate fluctuations may negatively affect Veolia Environnement's financial results and the price of its shares, the risk that Veolia Environnement may incur environmental liability in connection with its past, present and future operations, as well as the other risks described in the documents Veolia Environnement has filed with the Autorités des Marchés Financiers (French securities regulator). Veolia Environnement does not undertake, nor does it have, any obligation to provide updates or to revise any forward looking statements. Investors and security holders may obtain from Veolia Environnement a free copy of documents it filed (www.veolia.com) with the Autorités des Marchés Financiers.
SOURCE Veolia Environnement, SA
For further information: Media, Sandrine Guendoul, Tel: + 33 (0)1 85 57 42 16, [email protected], or Analyst & Investor Relations Contacts: Ronald Wasylec & Ariane de Lamaze, + 33 (0)1 85 57 84 76 / 84 80, Terri Anne Powers (US), 630-218-1627, http://www.veolia.com/en