Suez released H1 17 numbers: revenues reached €7,455m (+1%), EBITDA €1,271m (-0.2%), and EBIT €598m (-0.6%). At the end of H1, net debt stood at €6,942m, after €8,125m in Q1 and €8,042m at the end of FY16. Note the current net debt integrates the €750m capital increase and €600m hybrid bond completed in May to finance the GE Water acquisition. The closing of the transaction is expected in Q3.
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A rather soft Q2 despite the unfavourable comparison basis
- Published:
27 Jul 2017 -
Author:
Fabrice Farigoule -
Pages:
2
Suez released H1 17 numbers: revenues reached €7,455m (+1%), EBITDA €1,271m (-0.2%), and EBIT €598m (-0.6%). At the end of H1, net debt stood at €6,942m, after €8,125m in Q1 and €8,042m at the end of FY16. Note the current net debt integrates the €750m capital increase and €600m hybrid bond completed in May to finance the GE Water acquisition. The closing of the transaction is expected in Q3.