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Arcelor Mittal - Veolia
An innovative partnership between Veolia and ArcelorMittal to modernize energy production at Fos-sur-Mer
ArcelorMittal Méditerranée and Veolia, through its subsidiary Veolia Industries Global Solutions, have announced the creation of a joint venture to modernize the energy production plant at Fos-sur-Mer and to increase the site’s environmental performance by optimizing the recovery of energy from steelmaking gases and reducing CO<sup>2</sup> emissions.
The Société d’Energie et d’Eau du Gabon, a subsidiary of the Veolia Group, has filed a request for conciliation against Gabon at ICSID in response to its expropriation in violation of the basic rules of international law and the principles recognized by the community of nations.
The Dhaka Water Supply and Sewerage Authority (WASA), the authority in charge of drinking water and wastewater management for the Bangladeshi capital, Dhaka, has chosen Veolia, together with Suez, for the design, build and operate contract for the Gandharbpur drinking water treatment plant. This contract, awarded following an international call for tenders, represents a cumulative total of around €275 million. The project will be conducted through a joint venture held equally by Veolia, through its fully owned subsidiary Veolia Water Technologies, and Suez, the consortium leader.
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
Veolia Environnement announces the launch of a new shareholding plan for the Group’s employees. This plan is offered to approximately 146,000 employees of the Group in 31 countries, aiming at associating employees with the development and performance of Veolia. The settlement and delivery of the new shares shall take place on September 4, 2018.
Veolia plans to notify investors of its intention to redeem its deeply subordinated perpetual hybrid debt in Euros and in Sterling issued in January 2013, for respective nominal amounts of €1 billion and £400 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.

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