With 39 of the 500 biggest companies of the world in 2010 France ranks 4th in the Fortune Global 500. Its economy is diversified across all sectors. The country is the second-largest nation in Western Europe. It ran a $70 billion trade deficit in goods in the first 11 months of 2011. Focus on the Veolia Environment SA which is the Les actions versant des dividendes à acheter en France in 2013.

Veolia Environment SA

It is a transnational French company which provides environmental management services that include water and wastewater services, environmental services, energy services and transportation services. The company’s clients include a range of public authorities, industrial and commercial services customers, and individuals worldwide. The company employed 318,376 employees in 48 countries in the year of 2012. It has conducted its operations through four divisions such as water, environmental service, energy services and transportation. The company also provides drinking water to more than 80.4 million people and treat wastewater for 58.5 million people in the world, process nearly 68 million tons of waste.

Its revenue 2012 was recorded at $29.4 billion. It is quoted on Euronext Paris and the New York Stock Exchange. The Veolia Water is the world leader in water services. it handles water and wastewater services for clients in the public sector and in various industries. It also creates and constructs the required technology and infrastructure.

History

On December 14, 1853, a water company named Compagnie Generale des Eaux was created by an Imperial decree of Napoleon III. In that year CGE obtained a concession in order to supply water to the public in Lylon, serving in this capacity for over hundred years. In 1860, it obtained a 50-year concession with the City of Paris. For a hundred years, Compagnie Generale des Eaux remained largely focused on the water sector.

In 1980 the company acquired the “Compagnie Generale d’Enterprises Automobiles” (CGEA), specialized in industrial vehicles, which was later divided into branches including Connex and Onyx Environment. CGE then acquired the “Compagnie Generale de Chauffe” and later the Montenay group. The
Energy Services division these companies became part of was later (1998) renamed “Dalkia”. In the same year CGE Group changed its name to Vivendi, though the French water company retained the name Compagnie Generale des Eaux. On July 20, 2000 the Vivendi Environment was listed on the Paris Stock Exchange

Strategy

On December 6, 2011 the company presented its strategic plan and medium-term outlook. The restructuring of the company’s business portfolio is intended to provide greater financial flexibility and increased focus on high added-value services solutions and technologies in order to capture profitable growth opportunities. Its strategy has included following characters:

To be the standard setter in major markets where there is a commercial demand for the distinctive added value that Veolia Environment can provide.

The company’s goal is to achieve a better balance between municipal and industrial clients with the latter to account for at least 50% of revenue (vs. 35% currently).

Its aim is to develop new business models and to obtain over half of revenue in fast-growing markets.

Announcements

On 16 July 2013, the company announced that its subsidiary Dalkia, through its subsidiary MAF Dalkia, secured a new contract with Abu Dhabi Airports Company P JSC (ADAC) to provide a full range of energy and technical services across three of their airports and a city terminal in the United Arab Emirates.

On 5 August 2013, it announced that it confirms its amended objectives to pay a dividend of EUR 0.70 per share in respect of fiscal year 2013. It also announced that after 2013, it aims for an organic revenue growth of over 3% per year and a growth in adjusted operating cash flow of over 5% per year.

Dividend History

The company has a market capitalization of 5.65 Billion, EPS is 0.24, P/E ratio is 44.68 and the dividend yield is 6.62% at the annual dividend payout of 0.70.