29.02.2024 08:16:49 - dpa-AFX: Veolia Environnement Annual Earnings And Revenue Climb
PARIS (dpa-AFX) - Veolia Environnement SA (VE) Thursday reported current
earnings before interest and taxes or EBIT of 3.346 billion for the full year,
up 13.7 percent on an organic and constant currency basis, primarily helped by
strong demand.
Earnings before interest, taxes, depreciation, and amortization or EBITDA
increased 7.8 percent to 6.543 billion euros.
Current net income increased 14.9 percent to 1.335 billion euros, at constant
exchange rates.
Net income group share was 937 million euros, higher than 716 million euros last
year.
Revenue for the year was 45.351 billion euros, up 9 percent at constant exchange
rates.
For the fiscal 2024, the company expects Organic growth of EBITDA between 5
percent and 6 percent, and current net income group share to be above 1.5
billion euros.
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