on VEOLIA (EPA:VIE)
Veolia records solid growth as of September 30, 2024
Veolia announces a 5.1% increase in revenue at constant scope, reaching 32,543 million euros. This performance is driven by a significant increase in EBITDA of 5.6%, confirming the dynamism of its GreenUp strategic plan. "Booster" activities are up 6.9%, driven by technological advances in the water sector and hazardous waste management.
The group has completed disposals of non-strategic assets for one billion euros and is raising its synergies target to more than 430 million euros by the end of 2024. Debt remains under control at 18,892 million euros, with a leverage ratio expected to be below three times for 2024. The outlook for 2024 and the period 2024-2027 remains optimistic, supported by a rigorous cost policy and a targeted investment strategy.
R. P.
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