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Veolia Sticks to Profit Target After First-Half Results Advance

Veolia Sticks to Profit Target After First-Half Results Advance

Bloomberg2 days ago
French water and waste utility Veolia Environnement SA said first-half profit climbed about 4.2% thanks to cost cuts and rising demand, keeping it on course to meet full-year targets.
The environmental-services giant is taking advantage of growing water scarcity in parts of the world to boost sales of reuse and desalination technologies. It's also gaining from increasingly stringent regulations on hazardous waste to ride out an economic slowdown caused by US trade wars with Europe and China.
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