Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Euronext Paris  >  Valéo    FR   FR0013176526


Delayed Quote. Delayed  - 10/27 05:35:08 pm
52.85 EUR   -1.71%
10/25VALÉO : Technically solid
10/21 SCHNEIDER ELECT : becomes a founding partner of ESCP Europe Internet..
10/21 Tesla, rivals joust over how to put self-driving cars on the road
News SummaryMost relevantAll newsSector news 

Veolia Picks Potential Buyers For UK Water, US Solid Waste Units

share with twitter share with LinkedIn share with facebook
share via e-mail
05/16/2012 | 07:00pm CEST

Antoine Frerot, Chief Executive of French waste and water utility Veolia Environnement SA (VE), said it has selected potential buyers for its U.K. water and U.S. solid waste units, without identifying any.

During the company's annual shareholders meeting, Frerot said the company plans to sell the assets this summer. He also said the company started negotiations with an investor to sell its transportation unit Veolia Transdev since February, though he didn't identify the investor either.

People familiar with the negotiations recently told Dow Jones Newswires three groups submitted indicative offers for the U.K. and U.S. units. First group is led by AXA Private Equity, while the second is led by GS Infrastructure Partners, a unit of Goldman Sachs Group Inc. (GS), and the third is led by London-based Icon Infrastructure.

The company's Chief Executive said he doesn't expect the company will post a net loss in 2012, though this year and next will be "demanding."

Veolia's Chief Financial Officer Pierre-Francois Riolacci said the company has managed to cut its costs by EUR75 million this year.

Separately, Veolia's shareholders appointed Jacques Aschenbroich, the chief executive of auto part maker Valeo SA (>> VALEO), as Veolia's board member.

-By Inti Landauro, Dow Jones Newswires; +33 1 4017 1740; inti.landauro@dowjones.com

Stocks mentioned in the article : VALEO
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on VALÉO
10/24 VALEO : Radar Systems Assigned Patent
10/21 SCHNEIDER ELECTRIC : becomes a founding partner of ESCP Europe Internet of Thing..
10/21 Tesla, rivals joust over how to put self-driving cars on the road
10/20 VALEO : Sales advanced 16% in the third quarter to 4 billion euros
10/18 VALEO : receives grant to continue supporting Topeka Municipal Court program
10/16 SNUFFING OUT TOBACCO USE : Smoking cessation project targets high-use population..
10/08 VALEO : D-A-V Mobile Service
10/05 VALEO : is awarded the CAC Large 60 Grand Prix for financial transparency
09/29 VALEO : Presented its growth strategy in powertrain electrification and autonomo..
09/29 VALEO : S autonomous vehicle completes 24 hours on the paris beltway
More news
Sector news : Auto, Truck & Motorcycle Parts - NEC
10/25 General Motors beats earnings expectations; investor fears linger
10/21 ALTRA INDUSTRIAL MOTION : UK engineering company GKN to sell Stromag unit to Alt..
10/21 Tesla, rivals joust over how to put self-driving cars on the road
10/17 German car industry warns UK that 'hard Brexit' could trigger shift south
10/16DJCONTINENTAL : Germany's Continental Agrees to Buy Konrad Hornschuch
More sector news : Auto, Truck & Motorcycle Parts - NEC
News from SeekingAlpha
09/22 Ongoing Outperformance At Valeo Continues To Build Value
09/21 Wall Street's Skepticism About BorgWarner's Future May Still Mean Opportunity
Financials (€)
Sales 2016 16 327 M
EBIT 2016 1 264 M
Net income 2016 885 M
Debt 2016 946 M
Yield 2016 2,14%
P/E ratio 2016 14,46
P/E ratio 2017 12,62
EV / Sales 2016 0,84x
EV / Sales 2017 0,76x
Capitalization 12 818 M
More Financials
Duration : Period :
Valéo Technical Analysis Chart | FR | FR0013176526 | 4-Traders
Full-screen chart
Technical analysis trends VALÉO
Short TermMid-TermLong Term
Technical analysis
Income Statement Evolution
More Financials
Mean consensus HOLD
Number of Analysts 20
Average target price 52,7 €
Spread / Average Target -1,9%
Consensus details
EPS Revisions
More Estimates Revisions
Jacques Aschenbroich Chairman & Chief Executive Officer
Christophe Périllat-Piratoine Chief Operating Officer
Robert Charvier Chief Financial Officer
Jean-François Tarabbia SVP-Product Marketing, Research & Development
Pascal Colombani Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
VALÉO12.21%13 982
CONTINENTAL AG-22.29%37 939
DENSO CORP-24.01%33 409
HYUNDAI MOBIS CO., LTD..--.--%22 128
More Results