Veolia Environnement SA (VE) Thursday reported full-year 2012 profit of 529.8 million euros, compared to a loss of 316.6 million euros in the same period last year.
Profit attributable to owners of the company totaled 393.8 million euros or 0.78 euro per share, compared to a loss of 489.8 million euros or 0.99 euro per share last year.
Adjusted earnings for the period was 59.5 million euros or 0.12 euro per share.
Net income from continuing operations was 143.7 million euros, compare to a loss of 437.6 million euros last year. On a per share basis, loss from continuing operations narrowed to 0.06 euro from 1.27 euro last year.
Net income from discontinued operations increased to 386.1 million euros or 0.84 euro per share from 121.0 million euros or 0.28 euro per share last year.
Revenues improved to 29.44 billion euros from 28.58 billion euros last year.
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