Suez released FY15 results. Sales reached €15,135m (+5.7%), EBITDA €2,751m (+4.1%), EBIT €1,381m (+10.1%), net income €408m (-2%). Free cash flow reached €1,047m and net debt at year-end €8,083m. The dividend proposed is €0.65. The group’s targets are reiterated (organic growth of at least 2% in FY16, EBIT growth higher than top-line growth, FCF of c.€1bn and net debt/EBITDA of c.3x). Longer term, the group targets a €3bn EBITDA level in FY17
24 Feb 2016
FY15 results unsurprising, no revolution going forward
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
FY15 results unsurprising, no revolution going forward
- Published:
24 Feb 2016 -
Author:
Fabrice Farigoule -
Pages:
3
Suez released FY15 results. Sales reached €15,135m (+5.7%), EBITDA €2,751m (+4.1%), EBIT €1,381m (+10.1%), net income €408m (-2%). Free cash flow reached €1,047m and net debt at year-end €8,083m. The dividend proposed is €0.65. The group’s targets are reiterated (organic growth of at least 2% in FY16, EBIT growth higher than top-line growth, FCF of c.€1bn and net debt/EBITDA of c.3x). Longer term, the group targets a €3bn EBITDA level in FY17