INVEOLIABLE

The misery at Veolia Environnement continued this month with a new profit warning to accompany the third-quarter results.

The company now expects full-year operating income to be below that achieved in 2010, with the fourth quarter of this year being no better than the preceding nine months. The water business saw a 2.1% increase in revenues, which is a good result given the loss of revenues from the SEDIF contract serving the Paris suburbs. Waste did better ...

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