Utility Veolia posts higher Q1 profits and keeps 2021 outlook

By Reuters8 days ago

Reuters. The logo of Veolia is seen in Saint-Herblain near Nantes, France, April 12, 2021. REUTERS/Stephane Mahe

PARIS (Reuters) - French utility Veolia, which last month agreed a 13 billion euros ($15.6 billion) merger deal with rival Suez, posted higher first quarter earnings on Wednesday and kept its 2021 financial outlook.


Veolia reported earnings before interest, tax, depreciation and amortisation (EBITDA) for the first quarter ending March 31 of 1.078 billion euros, up from 970 million a year earlier.

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