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Social Report 2006

Our company continues to grow every year and the success of our economic model is closely tied to the performance of our social model. The growth of one depends on the performance of the other.

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Business

“ In 2007 we continued to demonstrate improvement to our results despite rather unfavorable weather conditions and a deterioration in the economic environment in the second half of the year. This performance is the result of the strategic choices made by the company in the last several years. Veolia Environnement’s business model, focused mainly on long-term contracts, a balanced geographic exposure and a positive evolution of its business mix, bolsters the company in its leadership position in Environmental Services worldwide. Despite a more challenging economic environment, these elements enable us to target growth of at least 10% in our revenue, cash flow from operations and net income in 2008. ”

Henri Proglio, Veolia Environnement Chairman and Chief Executive Officer