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Veolia profit rises as water technology business returns to growth

French utility Veolia has reported higher profits, with its water technology business returning to growth. The water technology division had previously struggled, so its recovery is being read as a sign of improving demand and better performance in a key part of Veolia's operations. The result supports the group's wider turnaround efforts and its positioning in water, waste and energy services.

Why now: Investors and industry watchers are reacting to improved earnings from one of the world's largest water and waste companies.

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