2016 annual results: Revenue was nearly stable and results exceeded objectives
March 20, 2017 at 12:59 pm EDT
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Press releases published under ongoing disclosure obligation
23 February 2017 • Press releases published under ongoing disclosure obligation
Revenue down 0.4% to €24,390 million. Improvement at the end of the year (+1.9% in the fourth quarter).
EBIDA increased 4.3% to €3,056 million.
Growth in current EBIT of 8.5% to €1,384 million.
Strong growth in current net income-group share, up 10.8% to €610 million, and up 19.3% excluding financial capital gains.
Net free cash flow generation of €970 million due to a significant reduction in working capital requirements
Net financial debt declined €359 million to €7,811 million, resulting in a leverage ratio below 2.6x.
Post-tax ROCE of 7.2%, representing continued improvement over the last four years.
Proposed increase in 2016 dividend to €0.80 per share, paid in cash.
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Veolia Environnement SA published this content on 23 February 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 20 March 2017 16:59:07 UTC.
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Veolia Environnement is the world leader in environmental management services. Net sales break down by activity as follows:
- water-related services (40.6%; No. 1 worldwide): water resources management, drinking water distribution and delivery, wastewater collection, treatment and recovery, engineering, design, construction of water treatment facilities and customer relationship management, etc.;
- waste management services (32.4%; no. 1 worldwide): collection, treatment and recycling of liquid, solid, non-hazardous and hazardous waste, waste treatment and recovery through composting, energy recovery from waste, etc. Veolia Environnement also provides urban waste management services (maintenance and cleaning of public spaces, provision of mechanized street cleaning and façade treatment services), maintenance of industrial sites, and dismantling of industrial facilities and equipment at the end of their useful life;
- energy services (27%; No. 1 in Europe): delegated management of urban heating and air conditioning networks, management of thermal and multi-technique services (operation of heating systems, facility design, construction, and maintenance, etc.) and industrial services (industrial process analysis, production equipment operation, service, and maintenance), general management of buildings and public lighting.
Net sales are distributed geographically as follows: France (21.5%), Europe (41.9%), North America (7.4%), Asia (5.6%), Africa and the Middle East (4.9%), Pacific (4.3%), Latin America (4%) and other (10.4%).
VEOLIA ENVIRONNEMENT 
