The French environmental services group Veolia reported a slight decline in first-quarter revenue in its waste business this year, as growth in hazardous waste activities failed to fully offset weaker performance in the solid waste segment. Overall, the division generated revenue of €3.76bn, according to the quarterly earnings report released in early May. That was down around 2 per cent from the restated prior-year figure of €3.81bn.
Chief executive Estelle Brachlianoff said the company was continuing to reshape its profile through greater internationalisation and a stronger focus on technology. She pointed to the acquisition of Australian company Enviropacific agreed in March, whose activities include the treatment of PFAS-contaminated soils, as well as the take-over of US hazardous waste specialist Clean Earth, which is expected to close before the end of June....
