Suez: unveils strategic plan for 2027
(CercleFinance.com) - Suez yesterday unveiled its strategic plan for 2027.
It intends to focus on its core business - water and waste management - and develop its international exposure.
Suez says that it is aiming for average annual sales growth of 4% to 5%, with higher EBITDA growth.
In response to the new environmental and energy challenges, Suez plans to invest over 860 million euros over five years alongside its customers compared to the previous period and will increase its R&D budget by more than 50%.
Finally, the recently announced acquisition of Suez R&R in the UK constitutes a major strategic advance for the Suez it says: it is targeting sales of 9 billion euros after this operation.
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It intends to focus on its core business - water and waste management - and develop its international exposure.
Suez says that it is aiming for average annual sales growth of 4% to 5%, with higher EBITDA growth.
In response to the new environmental and energy challenges, Suez plans to invest over 860 million euros over five years alongside its customers compared to the previous period and will increase its R&D budget by more than 50%.
Finally, the recently announced acquisition of Suez R&R in the UK constitutes a major strategic advance for the Suez it says: it is targeting sales of 9 billion euros after this operation.
Copyright (c) 2022 CercleFinance.com. All rights reserved.