Veolia looks east for growth
- From: Vol 5, Issue 2 (February 2004)
- Category: Companies
- Region: Europe
- Country: France
- Related Companies: FCC, PSA, Sabesp, Suez, US Filter and Veolia Environnement (formerly Vivendi Environnement)
With most of US Filter on the block and Latin American revenues in free fall, China and eastern Europe are key for the French utility.
Earlier this month, Veolia published its revenue figures for 2003. Prior to disposals, which materially distort the comparisons, Veolia’s revenues for 2003 were €28.4 billion, compared with just under €28.1 billion in 2002. If a stable exchange rate is assumed, the organic revenue growth figure is 5.3%. However, the depressed dollar – the key element in the ...
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