Auckland rail operator Veolia almost doubles profit after new contract

Veolia Transport Auckland, which runs the city's urban passenger trains, almost doubled its annual profit last year after it changed the way it does business. Veolia, a unit of Paris-based Veolia Transdev, posted a profit of $1.99 million in the year ended December 31, up from $999,000 a year earlier, according to accounts filed with the Companies Office. The company's gross ...