Notícias Voltar
Título UPDATE 1-Veolia wins $1.3 bln services contract in Portugal
Origem Reuters
Data 03-06-2008 11:31
pixel
(Adds comments)
By Marie Maitre and Benjamin Mallet
PARIS, June 3 (Reuters) - Veolia Environnement said
on Tuesday it had won a 15-year multi-utility services deal in
Portugal worth 850 million euros ($1.32 billion), adding it was
in talks to obtain other similar big contracts in coming weeks.
Veolia, which supplies water, waste, energy and transport
services, said it won the contract from Artenius, a subsidiary
of Spanish chemicals group La Seda de Barcelona , to
build and operate a plant at La Seda's Sines site, south of
Lisbon.
The plant will produce steam, electricity, demineralised
water, industrial gases, and treat waste water, the French group
said.
"This is a very big contract for us," Stephane Caine, head
of Veolia's industrial and tertiary markets business, told the
press, saying the contract involved a 90 million euro investment
and would generate average annual sales of 55 million euros.
The plant is due to start operations in the final quarter of
2009.
The offer of a package of utility services to industrial
clients, is a booming business, Caine said.
"There is a very strong trend in the market as more and more
clients want to externalise these services ... There is a trend
for bigger and longer-term contracts," Caine said.
"We aim for sales growth in line with that of the rest of
the group, ... slightly below 10 percent," Caine said,
estimating that revenue from business with big industrial
clients was rising 15 percent a year.
Veolia reported revenues of 32.6 billion euros in 2007, up
14 percent year on year. Growth was 7.8 percent when factoring
out the effect of acquisitions, disposals and exchange rate
movements.
About a third of Veolia's revenues are generated by the
group's industrial and tertiary markets business.
Big industrial clients alone -- which include French car
makers PSA Peugeot Citroen and Renault ,
Swiss drugmaker Novartis , European aerospace group
EADS , or steel maker ArcelorMittal --
represent about 1.7 billion euros in annual sales.
Caine said he expected new big contracts to be signed this
year, declining to give further details, but said Veolia was in
talks with General Motors , which is already one of its
clients.
"Today we are in talks with companies such as General Motors
... I think we'll doubtless sign several big contracts; two,
three or four. We are in exclusive and very advanced talks with
some clients ... We should have nice things to announce in the
near future," he said.
(Editing by Will Waterman)
((
marie.maitre@reuters.com; +33 1 4949 5331; Reuters messaging:
marie.maitre.reuters.com@reuters.net))
Enviado: 6/6/2008 15:18
