Financial Information
On December 31, 2011 shares in Veolia Environnement were held as follows: 9.2% by Caisse des Dépôts et Consignations (primary shareholder), followed by Groupe Industriel Marcel Dassault (6.3%), Groupama (5.7%), Velo Investissement (4.7%) and Électricité de France (4.0%). Individual shareholders accounted for a further 8.5% of shares, employees of the company 1.8%, treasury stock 2.7% and other institutional investors the remaining 57.1%.
Veolia issued two profit warnings in 2011 and announced plans to quit half of the 77 countries where it does business. It launched a €5bn ($6.4m) fire sale of assets. The company and its top executives were facing the prospect of a US class-action lawsuit in January 2012 over allegations that they made “misleading” statements between 2007 and 2011 about its financial well-being. The company, which was described as "struggling" by the Financial Times, said that a complaint had been filed against it in New York for violation of US federal securities laws. Veolia's shares were the worst performer on France’s CAC 40 index in 2011, falling 60%.
The following is a summary of data (in millions of euros):
Year | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 |
---|---|---|---|---|---|---|---|---|---|---|
Consolidated revenue | 30,078 | 28,603 | 24,673 | 25,245 | 28,620 | 31,574 | 35,765 | 27,847 | 28,704 | 29,647 |
Operating income | 1,971 | 1,751 | 1,617 | 1,893 | 2,222 | 2,461 | 1,960 | 1,788 | 1,982 | 1,017 |
Net income | 339 | -2,054 | 125 | 622 | 759 | 928 | 405 | 559 | 558 | -489 |
Stakeholder equity | N/A | 6,300 | 5,600 | N/A | N/A | 10,191 | 9,532 | 10,131 | 10,804 | 9,835 |
Free cash-flow | -1,525 | 168 | 694 | 555 | 901 | 906 | -1,809 | -1,344 | 409 | 438 |
Net financial debt | 13,066 | 11,804 | 13,059 | 13,871 | 14,674 | 15,125 | 16,528 | 15,128 | 15,218 | 14,730 |
Staff | 271,153 | 298,498 | 319,502 | 336,013 | 312,590 | 315,261 | 331,266 |
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