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SOLID REVENUE GROWTH AND RESULTS EXCEEDED OBJECTIVES • REVENUE: o +4.9% AND +3.5% LIKE-FOR-LIKE GROWTH TO €25,125 MILLION o ACCELERATION TO +6.3%1 GROWTH IN THE FOURTH QUARTER DUE TO CONTINUED GOOD COMMERCIAL MOMENTUM • EBITDA : o GROWTH OF +2.7%1 TO €3,284 MILLION o +5.2%1 IN THE FOURTH QUARTER • €255 MILLION IN COST SAVINGS ACHIEVED IN 2017, IN LINE WITH THE GROUP’S OBJECTIVE • CURRENT EBIT: o +5,3%1 GROWTH TO €1,519 MILLION • CURRENT NET INCOME – GROUP SHARE: o AN INCREASE OF +7,3%1 EXCLUDING CAPITAL GAINS TO €623 MILLION • FURTHER INCREASE IN POST-TAX ROCE TO 8.4% • PROPOSAL TO INCREASE THE DIVIDEND BY 5% TO €0.84 PER SHARE • 2018-2019 OBJECTIVES ENTIRELY CONFIRMED
The result of the merger between m2ocity and Homerider Systems, both pioneers in the remote meter reading, Birdz has just delivered its six millionth connected object to COBAS (Urban Community of South Arcachon Bay) in France. This is a record figure for this unique expertise serving the smart city and the quality of the urban environment. Water, energy, waste, temperature, pollution, noise and public lighting: Birdz’ expertise spans the entire value chain from sensor design to data mining. This is a “promising start” for this Nova Veolia subsidiary.
After the recent successes in Ajaccio, Le Mans, Romans, Lisieux, Cœur Côte Fleurie, Carcan-Maubuisson, Beaune and Troyes, Veolia’s Water business in France has just been awarded new contracts by the city of Saint-Pierre in Reunion Island, Frontignan and the La Barche inter-municipal wastewater service. These new contracts represent cumulative sales of €170 million.
By recommendation of the Company's Nomination Committee, today Veolia’s Board of Directors decided to propose the renewal of Antoine Frerot's term of office as a Director at the Annual General Shareholder's Meeting. The Board will appoint Antoine Frérot as Chairman and Chief Executive Officer of Veolia for a further term of four years, subject to the approval at the Annual Shareholder’s General Meeting.
The operational difficulties announced by SUEZ have no relation to VEOLIA Group's activities. VEOLIA fully confirms the guidances previously communicated to the market.
In response to environmental issues and the immense challenge around combating poverty – above all affecting women in Niger – Empow’Her – an international organization supporting women’s entrepreneurship – and Veolia have just inaugurated L’Oasis in Niamey. This space supports the economic integration of women through entrepreneurship and raises the population’s awareness of sustainable development issues.
Today, armed men commandeered the SEEG – Société d’énergie et d’eau du Gabon, Gabon’s Energy and Water Company, acting on a decision of the Gabon’s Water and Energy Ministry. The Veolia Group strongly protests against this brutal action taken entirely contrary to the rule of law, and is doing everything it can to support its employees in Gabon, who for two decades have been committed to providing the best public water and electricity service to the country’s citizens.
Veolia Environmental Services North America, LLC, a subsidiary of Veolia North America, Inc. (“Veolia”) and Clean Harbors, Inc. (“Clean Harbors”) (NYSE: CLH) today announced the signing of a definitive agreement whereby Clean Harbors will acquire Veolia North America’s U.S. Industrial Cleaning Services Division for $120 million in an all-cash transaction. The acquisition is expected to close in the first quarter of 2018, subject to approval by U.S. regulators and other customary closing conditions.
Veolia has decided to strengthen its compliance system by developing its scheme for preventing and detecting risky practices. Reporting directly to Antoine Frérot, Veolia Chairman and CEO, Jean-Baptiste Carpentier has been appointed Chief Compliance Officer of Veolia Group effective January 4, 2018.

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