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Transformation plan: 2013 objectives achieved ; Further significant decline in net Financial debt to €8.2 billion ; Adjusted operating income increased 16.9% to €922 million ; Adjusted net income quadrupled to €223 million ; Proposed 2014 dividend of €0.70 and €0.70 for 20152 ; 2014 objectives: significant growth in results expected.
Veolia has been awarded the contract by Shell Canada to design and supply a water treatment facility to recycle the water used for steam generation at Shell's Carmon Creek heavy oil project in Alberta, Canada.
Awarded to a consortium made up of various entities of Veolia Japan, major Japanese company JFE Engineering, and local contractors, this outsourcing contract for all water services is the first of its kind in Japan.
Subject to the approval at the Annual Shareholder's General Meeting, the Board will appoint Antoine Frérot as Chairman and Chief Executive Officer of Veolia Environnement for a further term of four years.
Paris, January 29, 2014 - The Iraqi Ministry for Municipalities and Public Works has chosen Veolia to build and operate for five years a desalination plant in Basra, Iraq. For Veolia, this contract represents cumulated sales of $115 million.
The municipality of Buenos Aires (Argentina) has just contracted the management of its waste management services to Proactiva Medio Ambiente, a Veolia Environnement subsidiary in charge of its activities in Latin America. For Veolia, this ten-year contract represents cumulative revenues of €500 million (531 million Argentine pesos a year).
Paris, February 3, 2014 - Swiss pharmaceutical group Novartis has renewed its trust in Veolia Environnement, and extended the cooperation that has linked the two companies for more than 12 years, by again entrusting Veolia with the management of utilities at Novartis' production sites in Basel (Switzerland), the company's historic headquarters, as well as the management of technical services and facilities at 15 of its largest sites in Western Europe. For Veolia, these contracts are worth cumulative revenues of €925 million over five years.
The Nantes Métropole local government authority has selected Veolia to upgrade the La Roche water production plant and make supply more reliable for the close to 600,000 people served. The contract is worth 64.5 million euros for the consortium headed by Veolia subsidiary OTV.

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