Veolia: EBITDA up one third thanks to Suez
(CercleFinance.com) - Veolia has reported a 45.
7% increase in underlying EBIT to 692 million euros in Q1, with a 33.4% increase in EBITDA to nearly 1.46 billion euros, with LFL growth reaching 18% and 7.6% respectively.
At 9.93 billion euros, Veolia's sales increased 44.3% at constant exchange rates, mainly thanks to the integration of Suez's businesses, as well as organic growth of 16.7%.
Assuming no spread of the conflict beyond Ukraine and no significant change in energy supply conditions in Europe, Veolia confirms its outlook for FY 2022.
Copyright (c) 2022 CercleFinance.com. All rights reserved.
7% increase in underlying EBIT to 692 million euros in Q1, with a 33.4% increase in EBITDA to nearly 1.46 billion euros, with LFL growth reaching 18% and 7.6% respectively.
At 9.93 billion euros, Veolia's sales increased 44.3% at constant exchange rates, mainly thanks to the integration of Suez's businesses, as well as organic growth of 16.7%.
Assuming no spread of the conflict beyond Ukraine and no significant change in energy supply conditions in Europe, Veolia confirms its outlook for FY 2022.
Copyright (c) 2022 CercleFinance.com. All rights reserved.