Modest growth for Veolia and Suez

The French giants saw small increases in revenues in 2004. Veolia is looking to China, while energy overshadows water at Suez.

Veolia and Suez revealed their top-line sales data for 2004 in early February, and met with a generally favourable market response.

With organic growth of 2.5% to €9,798 million, Veolia’s water interests fared marginally better than those of Suez, which showed organic growth of 1.6% to €6,986 million. Both companies found their home market slower in 2004 than in the drought year...

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