PARIS (Reuters) - French waste and water group Suez (SEVI.PA) said first-half net profits more than doubled to 212 million euros ($236 million) thanks to a 145 million euro positive impact from a court ruling in its favor over a dispute on a contract it had in Argentina.
First-half revenue rose 3.7% to 8.66 billion euros.
Core earnings before interest, tax, depreciation and amortization (EBITDA) rose 15% to 1.52 billion and its EBIT (earnings before interest and tax) rose 6.2% to 645 million.
Suez confirmed its targets for 2019 organic revenue growth of 2-3 percent and organic EBIT growth of 4-5 percent.
The company also said it would present a new strategy plan by October 30.
Reporting by Geert De Clercq; Editing by Sudip Kar-Gupta