Suez released 9m results. These show revenues of €11,093m (+5.7% and +2.5% lfl at CER), EBITDA of €1,952m (+6.3% reported, +1.7% lfl at CER), and EBIT of €909m (+5% reported and +3.5% lfl at CER). Net debt at the end of Q3 stood at €7,918m (vs €8,024m after H1). The group reiterated its targets for FY15, i.e. revenue organic growth of at least 3%, positive EBITDA organic growth, EBIT organic growth of at least 4%, and a net financial debt/EBITDA ratio of c.3x.
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Q3 15: in line; more needed for a real take-off
- Published:
29 Oct 2015 -
Author:
Fabrice Farigoule -
Pages:
2
Suez released 9m results. These show revenues of €11,093m (+5.7% and +2.5% lfl at CER), EBITDA of €1,952m (+6.3% reported, +1.7% lfl at CER), and EBIT of €909m (+5% reported and +3.5% lfl at CER). Net debt at the end of Q3 stood at €7,918m (vs €8,024m after H1). The group reiterated its targets for FY15, i.e. revenue organic growth of at least 3%, positive EBITDA organic growth, EBIT organic growth of at least 4%, and a net financial debt/EBITDA ratio of c.3x.