Veolia ahead of plan in debt-reduction program

|About: Veolia Environnement ADR (VEOEY)|By:, SA News Editor

Veolia Environnement (VE) slashes its debt to between €8B ($10.8B) and €9B at the end of 2013 from €16.8B in June 2009 following asset sales and cost cuts.

The aim was to reduce debt to €12B by the end of last year, so Veolia is ahead of plan.