Financial Times FT.com

Suez Environnement trims targets

PARIS, Aug 26 - Suez Environnement lowered its full-year sales and core earnings targets on Wednesday as a sharp drop in waste collection pushed the French environmental services group’s first-half profits lower.

The world’s second-biggest water and waste management group behind Veolia said it now expected “overall stability” in 2009 sales and earnings before interest, tax, depreciation and amortisation at constant exchange rates.

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