Veolia Environnement Posts Profit In FY14 - Quick Facts

(RTTNews) - French resource management firm Veolia Environnement SA (VE) Thursday said full year attributable net income was 246.1 million euros or 0.33 euro per share, compared to loss of 153.4 million euros or 0.32 euro per share last year. The prior-year results have been re-presented.

According to the company, adjusted net income surged 79 percent to 326 million euros.

Revenues increased to 23.88 billion euros from 22.82 billion euros in the prior year. The growth was 4.9 percent in constant currency.

The board intends to propose a dividend payment of 0.70 euro per share in respect of the 2014 fiscal year, payable in cash.

For 2015, the company's objectives include growth in EBITDA and current operating income as well as revenue.