Figures are broadly in line with expectations. EBITDA was slightly down due to the lower volumes of waste and water, on the back of the slowdown in industrial activity and tourism. In view of the first figures for March and April, the group estimates that the impact on EBIT should be in the order of €60m (or c.4%). Figures in China indicate an upturn in industrial activity.
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Q1.20 - In line
- Published:
30 Apr 2020 -
Author:
Auguste DERYCKX LIENART -
Pages:
3
Figures are broadly in line with expectations. EBITDA was slightly down due to the lower volumes of waste and water, on the back of the slowdown in industrial activity and tourism. In view of the first figures for March and April, the group estimates that the impact on EBIT should be in the order of €60m (or c.4%). Figures in China indicate an upturn in industrial activity.