...+ We forecast that Veolia Environnement's profitability will continue to strengthen, supported by cost cutting and organic growth. + We believe the group's 2016-2018 strategic plan is well on track and supports the group's credit quality. + We are therefore affirming our '###/A-2' ratings on Veolia. + We are also raising our Greater China regional scale issue rating to 'cnA' from 'cnA-', correcting an error in the application of our criteria. + The stable outlook reflects our anticipation that the group will consolidate its profitability and credit metrics in the coming years while self-financing its capital expenditures and dividends. PARIS (S&P Global Ratings) May 26, 2016--S&P Global Ratings today affirmed its '###/A-2' long- and short-term corporate credit ratings on environmental services group Veolia Environnement S.A. The outlook is stable. We also affirmed the '##+' rating on Veolia's junior subordinated debt. In addition, we have raised our Greater China regional scale issue rating...
