The French company has posted an Ebitda of €1,451 million, for the first nine months of 2014, up 15.7 per cent from the same period last year.
The water arm of the company saw its revenue grow by 3.4 per cent, from €7,487.7 million in the first nine months of 2013 to €7,744 million in the same period this year.
The interim results stated performance in the water industry had “improved” and gained “good momentum”.
Net debt of the company was €8,618 million by 30 September 2014, down from €9,612 at the same time last year.
Veolia Environnement chairman and chief executive Antoine Frérot, said: “Successful execution of the group’s strategy drove an increase in all of our financial indicators for the first nine months of 2014.
“The new organisation implemented in 2013 has driven improved operational performance and our cost reduction program is proceeding as planned.
“The group has sustained good commercial momentum, not only in our traditional markets, but also in new previously identified priority markets.”