Veolia Environnement (VE): Nine month EBITDA -6.3% to €1.95B vs consensus of €1.91B, with...

|About: Veolia Environnement ADR (VEOEY)|By:, SA News Editor
Veolia Environnement (VE): Nine month EBITDA -6.3% to €1.95B vs consensus of €1.91B, with earnings hurt by lower prices and water margins. EBIT -25% to €840.9M, revenue +1% to €21.6B. Net debt rises to €15.2B from €14.7B at the end of last year, but expects it to fall by €2.5B-€3B in Q4. Still expects to sell assets of up to €5B in 2012-13 to cut debt to below €12B and pay dividend of €0.70 a share for 2012. (PR)