Veolia Environnement SA
VIE: XPAR (FRA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| FL> | LOCK|r$wL | LOCK|s^!DhQD |
Veolia Earnings: In line With Expectations; Acquisition of Water Technologies' Minorities
First-quarter earnings were in line with the company-compiled consensus and full-year guidance, which was confirmed. Veolia agreed to buy the 30% share of Caisse de dépôt et placement du Québec in Water Technology and Solutions for $1.75 billion.
