Suez released its FY16 results. Sales reached €15,322m (+1.3% and +1.1% organic), EBITDA €2,651m (-3.6%, -0.1% organic), EBIT €1,282m (-7.2%, +0.5% organic), and net income €420m (3.1%). Free cash flow reached €1,005m and net debt at year-end was €8,042m (vs €8,083m a year ago). The dividend proposed is €0.65 (unchanged). In terms of outlook, the group expects a slight increase in revenues and EBIT for FY17, free cash flow at around €1bn, net debt
01 Mar 2017
FY16 almost in line but rather uninspiring FY17 outlook
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FY16 almost in line but rather uninspiring FY17 outlook
- Published:
01 Mar 2017 -
Author:
Fabrice Farigoule -
Pages:
3
Suez released its FY16 results. Sales reached €15,322m (+1.3% and +1.1% organic), EBITDA €2,651m (-3.6%, -0.1% organic), EBIT €1,282m (-7.2%, +0.5% organic), and net income €420m (3.1%). Free cash flow reached €1,005m and net debt at year-end was €8,042m (vs €8,083m a year ago). The dividend proposed is €0.65 (unchanged). In terms of outlook, the group expects a slight increase in revenues and EBIT for FY17, free cash flow at around €1bn, net debt