Suez 9-month sales, opg profit rise, confirms full-year targets |
|
|
|
Published
:
Thu, 15 Nov 2007 07:24
|
PARIS (Thomson Financial) - Suez reported nine-months sales and operating profit growth in line with expectations and the group said it is on track to achieve its earnings targets for this year.The French electric, water and waste utility posted nine-months sales of 34.2 bln eur, up 5.6 pct from 32.4 bln a year earlier, boosted by higher electricity sales in Europe and abroad as well as strong growth in its liquified natural gas operations.Nine-months operating profit rose 14.6 pct to 3.9 bln eur from 3.4 bln eur a year earlier.Suez said the performance in the third quarter confirmed its target for growth in earnings before interest, tax, depreciation and amortization above 10 pct this year, as well as for operating profit growth above 15 pct.greg.keller@thomson.comgk1/lamCOPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved.The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
|
|
|
|
Print this Story
PagesJaunes confirms FY sales, earnings targets UPDATE 