Veolia Profit Rises on High Demand for Waste, Water Services
- Utility confirms full-year targets for profit, organic growth
- First-half current net income rose 10% from a year earlier
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Veolia Environnement SA’s first-half earnings rose 10% thanks to growing demand for its services and cost cuts, putting the company on track for its full-year profit target.
The environmental-services giant is benefiting from the world’s rising need for hazardous-waste treatment, water reuse and desalination technologies as global warming increases droughts and governments and clients bolster efforts to curb pollution.