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Veolia Environnement SA
F:VVD

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F:VVD
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Veolia Environnement SA
Investor Relations

Veolia Environnement SA is a French utility company that helps cities, factories, and commercial sites manage water, waste, and energy. It treats drinking water and wastewater, collects and processes trash and industrial waste, and runs services that improve heating, cooling, and energy efficiency in buildings and industrial facilities. Its work sits in the middle of everyday infrastructure: it takes in essential flows that people and businesses produce, then cleans, recycles, recovers, or disposes of them safely. The company sells long-term service contracts and local operating agreements rather than boxed products. Its main customers are public authorities, municipalities, hospitals, industrial companies, and large property owners that need reliable water treatment, waste handling, or facility energy services. Veolia makes money by charging for collection, treatment, operations, maintenance, and resource recovery, often under contracts that tie it closely to the customer’s site or city. What makes Veolia different is that it is not just a trash hauler or a water supplier. It combines water, waste, and energy services, which lets it manage whole environmental systems instead of one task at a time. That makes it an important partner for customers that want a single contractor to keep critical infrastructure running while also recovering materials, reusing water, and reducing energy use.

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Letzter Earnings Call
Geschäftsperiode
Q1 2025
Datum des Calls
7. Mai 2025
KI-Zusammenfassung
Q1 2025

Strong Q1 Results: Veolia reported robust Q1 2025 results with sales of EUR 11.5 billion, up 3.9% excluding energy prices, and EBITDA up 5.5% to EUR 1.695 billion, showing solid margin improvement.

Guidance Confirmed: Management fully confirmed both 2025 and 2027 financial guidance, including targets for EBITDA, net income growth, and ROCE, despite macroeconomic uncertainties.

Strategic Acquisition: Veolia acquired CDPQ's 30% minority stake in its Water Technology business for EUR 1.5 billion (11x 2025 EV/EBITDA post-synergies), securing full ownership and targeting EUR 90 million in annual synergies by 2027.

Leverage and Balance Sheet: Net financial debt decreased to EUR 18.8–18.9 billion and leverage ratio improved to 2.75x, well below the 3x target even after the acquisition.

Resilience to Macroeconomy: Management emphasized Veolia’s high resilience, estimating 85% of revenue is immune to macroeconomic shifts, with diversified contracts and limited exposure to tariffs and inflation.

Efficiency and Synergy Delivery: EUR 91 million in Q1 efficiency gains and EUR 25 million in Suez merger synergies were delivered, on track for full-year targets.

Growth Across Geographies: Solid performance across Europe, North America, Asia, and Latin America, with hazardous waste and energy efficiency strong in multiple regions.

Wichtige Finanzkennzahlen
Revenue
EUR 11.5 billion
EBITDA
EUR 1.695 billion
Current EBIT
EUR 915 million
Net Financial Debt
EUR 18.8–18.9 billion
Leverage Ratio
2.75x
Efficiency Gains
EUR 91 million
Suez Merger Synergies
EUR 25 million in Q1; EUR 460 million cumulative
Hazardous Waste Revenue (Europe)
+5.1%
Hazardous Waste Revenue (U.S.)
+8.5%
Water Technology Synergy Target
EUR 90 million by 2027
Revenue Growth Target (Water Tech)
6% to 10% per year (2023–2027)
ROCE
8.8% at end of 2024
Dividend
To grow in line with current EPS
Net Income (Guidance)
10% per year CAGR (2023–2027)
Aufzeichnung des Earnings Calls
Weitere Earnings Calls

Geschäftsleitung

Mr. Ronald Wasylec
Head of Investor Relations
Keine Biografie verfügbar
Mr. Jean-Baptiste Carpentier
Chief Compliance Officer
Keine Biografie verfügbar
Mr. Laurent Obadia
Deputy CEO of Stakeholders & Communications and Advisor to the Chairman
Keine Biografie verfügbar
Ms. Isabelle Calvez
Senior Executive Vice President of Human Resources
Keine Biografie verfügbar
Mr. Régis Calmels
Senior Executive Vice President of Asia
Keine Biografie verfügbar
Mr. Philippe Guitard
Senior Executive Vice President of Central & Eastern Europe
Keine Biografie verfügbar
Mr. Éric Haza
Chief Legal Officer
Keine Biografie verfügbar
Mr. Jean-François Nogrette
Senior Executive VP and Director of the France & Special Waste Europe
Keine Biografie verfügbar
Mr. Frederic Van Heems
Senior Executive Vice President of North America
Keine Biografie verfügbar
Mr. Gustavo Migues
Senior Executive Vice President of Iberia & Latin America
Keine Biografie verfügbar

Kontakt

Adresse
ILE-DE-FRANCE
Paris
21 Rue La Boetie
Kontakt
+33171750000.0
www.veolia.com
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