Suez released H1 16 results. Revenues reached €7,455m (+2.2%, +2.7% lfl at CER), EBITDA €1,271m (-1.7%), EBIT €598m (-1%) and net income €174m (+23.7%). Net income increased over-propotionately with lower minority interests (buy-out of the Sembista minorities in Australia in H2 15). Net debt at the end of H1 was €8,765m (vs €8,363m in Q1 and €8,083m at year-end 2015) after the payment of the €545m dividend. The forex impact (top-line) was €-116m in
28 Jul 2016
H1 16: not great but Q2 is reassuring
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H1 16: not great but Q2 is reassuring
- Published:
28 Jul 2016 -
Author:
Fabrice Farigoule -
Pages:
3
Suez released H1 16 results. Revenues reached €7,455m (+2.2%, +2.7% lfl at CER), EBITDA €1,271m (-1.7%), EBIT €598m (-1%) and net income €174m (+23.7%). Net income increased over-propotionately with lower minority interests (buy-out of the Sembista minorities in Australia in H2 15). Net debt at the end of H1 was €8,765m (vs €8,363m in Q1 and €8,083m at year-end 2015) after the payment of the €545m dividend. The forex impact (top-line) was €-116m in