PARIS (dpa-AFX) - Suez Environment Co SA (SZEVY.PK) Wednesday released its annual results for 2011, stating that net income for the Group declined to 323 million euros from 560 million euros reported for 2010, negatively impacted by the Melbourne desalination plant contract.
Total revenue for the full year 2011 increased 6.9% to 14.83 billion Euros from 13.87 billion euros reported for 2010.
Operating Income for 2011 increased slightly to 1.03 billion Euros from 1.02 billion Euros for 2010.
The company expects to report higher revenues for the year 2012 in comparison with 2011.
Copyright RTT News/dpa-AFX
© 2012 AFX News
