Veolia Environnement, together with its subsidiaries, provides environmental management services to public authorities, individuals, and industrial and commercial customers worldwide. It operates in four segments: Water, Environmental Services, Energy Services, and Transportation. The Water segment provides water and wastewater services, including management and operation of drinking water plants, wastewater decontamination and recycling plants, drinking water distribution networks, and wastewater collection networks, as well as offers billing services and call centers. The Environmental Services segment provides environmental and logistical services, which include waste collection; waste treatment; cleaning of public spaces, offices, and factories; maintenance of production equipment; soil decontamination; and management of waste discharge at industrial sites. The Energy Services segment provides heating and cooling systems, thermal and multi-technical services, industrial utilities services, installation and maintenance of production equipment, integrated facilities management, and electrical services on public streets and roads. The Transportation segment provides urban transport, suburban, and other transportation services; intercity and regional transportation services; and transportation management services comprising passenger information services, clearinghouses, and central telephone operators. This segment also offers rail transport services, such as freight transport, and management of industrial rail junctions and related logistics; and airport services, consisting of freight transport, baggage handling, and vehicle maintenance services. The company was founded in 1853 as Vivendi Environnement and changed its name to Veolia Environnement in 2003. Veolia Environnement is headquartered in Paris, France.
Analysts'
Recommendation: | Buy |
| 30 Days Ago: | Buy |
|
| Analysts' Target: | $89 |
| Analysts' Targets |
| Brean Murray & Co. | $89 |
| Hold |
| Monday, March 10, 2008 |
Veolia Environment : According to the company's website, Veolia provides wastewater and drinking water services to 132 million people. It also employs more than 80,000 people and has operations in some 60 countries. According to Zacks estimates, the French company is expected to earn $3.37 a share and $3.72 in 2009. Also, in the next five years it's expected to grow at a 12.3% pace. The stock pays a dividend, and its current yield is 5.1%.
$56.15 (06/29/08)
