Edition:
United States

Veolia Environnement SA (VIE.PA)

VIE.PA on Paris Stock Exchange

22.59EUR
11:37am EDT
Change (% chg)

€0.01 (+0.04%)
Prev Close
€22.58
Open
€22.51
Day's High
€22.66
Day's Low
€22.49
Volume
970,386
Avg. Vol
1,683,621
52-wk High
€22.71
52-wk Low
€16.42

Latest Key Developments (Source: Significant Developments)

Veolia Expands Louisiana Facility
Tuesday, 25 Jun 2019 11:00am EDT 

June 25 (Reuters) - VEOLIA ENVIRONNEMENT SA ::ANNOUNCES EXPANSION OF LOUISIANA FACILITY.PROJECT WILL INCLUDE EXPANSION OF CAPACITY AND RETENTION OF ALL CURRENT JOBS IN ASCENSION PARISH.COMPANY WILL EXPAND ITS REGENERATION PLANT IN DARROW, LOUISIANA.YIELDING A 15 PERCENT INCREASE IN SULFURIC ACID REGENERATION CAPACITY AT FACILITY.WILL RETAIN ALL CURRENT EMPLOYEES AS IT INSTALLS NEW EQUIPMENT AND UPGRADES EXISTING EQUIPMENT.STATE OF LOUISIANA OFFERED VEOLIA A COMPETITIVE INCENTIVE PACKAGE THAT INCLUDES A $450,000 MODERNIZATION TAX CREDIT.AFTER VEOLIA COMPLETES RENOVATIONS TO FACILITY, COMPANY ALSO IS EXPECTED TO USE STATE'S INDUSTRIAL TAX EXEMPTION PROGRAM..  Full Article

Veolia CEO says Brexit would hurt if waste volumes decrease
Thursday, 13 Jun 2019 06:59am EDT 

June 13 (Reuters) - Veolia Environnement SA ::VEOLIA CEO FREROT SAYS ON BFM BUSINESS TELEVISION VEOLIA WILL LAUNCH NEW BUSINESS LINE FOR PURIFYING AIR IN OFFICES AND OTHER COLLECTIVE BUILDINGS.VEOLIA CEO FREROT SAYS SEES LITTLE IMPACT FROM BREXIT AS IT HAS NO IMPORT-EXPORT, BUT MAY SUFFER IF BREXIT WEIGHS ON BUSINESS TO THE POINT THAT THERE WOULD BE LESS WASTE VOLUME.VEOLIA CEO FREROT SAYS IS UK BUSINESS IS DOING WELL.  Full Article

Series Of New Contracts For Veolia Eau France
Monday, 15 Oct 2018 02:34am EDT 

Oct 15 (Reuters) - VEOLIA ENVIRONNEMENT SA ::SERIES OF NEW CONTRACTS FOR VEOLIA EAU FRANCE.VEOLIA EAU FRANCE HAS WON A NEW SERIES OF CONTRACTS WITH NEW MUNICIPALITIES.THESE SUCCESSES REPRESENT CUMULATIVE REVENUE OF EUR 93 MILLION.STARTING ON JANUARY 1, 2019, VEOLIA WILL MANAGE WASTEWATER PUBLIC SERVICE FOR CANNES PAYS DE LERINS.  Full Article

French utility Veolia to repay hybrid debt
Thursday, 15 Mar 2018 03:13am EDT 

March 15 (Reuters) - Veolia Environnement Sa ::* 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..* Thanks to the success of the group’s transformation and the improvement of its financial health, Veolia says it no longer needs these instruments and can save the associated coupon of €68 million per year, while maintaining an Investment Grade rating and significant financial flexibility..  Full Article

Qatari Diar completes sale of 4.6 pct of Veolia, raising 507 mln euros
Tuesday, 13 Mar 2018 03:39am EDT 

March 13 (Reuters) - Veolia /Qatar::* Qatari Diar successfully completes the sale of approximately 26.1 million Veolia Environnement shares, representing around 4.6 per cent of Veolia's share capital.* Says stake sale raised total proceeds of around 506.8 million euros.* Following the placing, Qatari Diar will no longer hold any shares in Veolia Environnement .* Société Générale Corporate & Investment Banking (SGCIB) acted as sole bookrunner in connection with the Placing .  Full Article

Derichebourg Environnement Sells Its Stake In Plastic Recycling
Friday, 2 Mar 2018 12:28pm EST 

March 2 (Reuters) - Derichebourg Sa ::SELLS ITS STAKE IN PLASTIC RECYCLING.DERICHEBOURG ENVIRONNEMENT AND COMPAGNIE PLASTIC OMNIUM COMPLETED SALE OF PLASTIC RECYCLING TO VEOLIA PROPRETÉ.  Full Article

Veolia Fully Confirms The Guidances Previously Communicated To The Market
Tuesday, 23 Jan 2018 02:24pm EST 

Jan 23 (Reuters) - VEOLIA ::VEOLIA SAYS OPERATIONAL DIFFICULTIES ANNOUNCED BY RIVAL SUEZ HAVE NO RELATION TO VEOLIA'S ACTIVITIES.VEOLIA FULLY CONFIRMS THE GUIDANCES PREVIOUSLY COMMUNICATED TO THE MARKET.  Full Article

Veolia ‍To Expand Sulfuric Acid Regeneration Capabilities In Anticipation Of Market
Thursday, 7 Dec 2017 08:00am EST 

Dec 7 (Reuters) - Veolia ::‍TO EXPAND SULFURIC ACID REGENERATION CAPABILITIES IN ANTICIPATION OF MARKET, CUSTOMER NEEDS​.INVESTMENT FOR NEW "DEBOTTLENECKING" PROJECT AT ITS BURNSIDE, LA., SULFUR REGENERATION FACILITY​.‍PROJECT INVESTMENT WILL INCREASE SPENT SULFURIC ACID REGENERATION CAPACITY BY 15 PERCENT ANNUALLY​.‍PROJECT INVESTMENT WILL BE COMPLETED DURING PLANT'S FALL 2018 TURNAROUND​.  Full Article

Veolia's OTV unit wins 112 mln euros water treatment contract
Tuesday, 14 Nov 2017 02:33am EST 

Nov 14 (Reuters) - Veolia ::* Veolia, through its subsidiary OTV, was selected by the Le Croult and Le Petit Rosne valleys intermunicipal association for water management (SIAH), Paris region (France), for the contract to extend and bring up to standard the Bonneuil-en-France wastewater treatment plant.* 10-year contract, worth a total €199.4 million, excluding taxes, of which €112 million for OTV, will increase the plant’s treatment capacity from 350,000 to 500,000 Population Equivalent (PE)..  Full Article

Veolia and consortium partners win 20-year, 450 mln euros Japan contract
Monday, 30 Oct 2017 03:41am EDT 

Oct 30 (Reuters) - Veolia ::* Veolia Japan, and its partners, has been selected by the city of Hamamatsu to manage part of its wastewater and sewage scheme including the operation and maintenance of its main facilities of Seien, Hamana and Akura.* 20-year contract is the first long-term concession contract for municipal sewage management in Japan, the nation's biggest infrastructure asset class. It has been signed today and operations will begin in April 2018..* Veolia has formed a consortium with JFE Engineering Corporation, ORIX Corporation, Suyama Construction and Tokyu Construction for this project.* Cumulative revenues for Veolia are estimated at 450 million euros ($522.54 million) over the contract, for works, operation and maintenance.  Full Article

UPDATE 1-Utility Veolia's Q1 profits lifted by recycling business

* No plans to go back into French district heating for now (Adds detail on urban heating and share price detail)