The group released a good set of FY19 figures. EBITDA increased by 4.5% to €4bn (3.4% above the consensus), and EBIT by 5.0% to €1.7bn (5.6% above the consensus). The proposed dividend is €1 (versus a consensus at €0.98). The EBITDA guidance for FY20 is c. €4.1bn (5% above the consensus), and 2020-23 targets are higher than our forecasts.
28 Feb 2020
Sound 2020-23 targets
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Sound 2020-23 targets
Veolia Environnement SA (VIE:WBO) | 0 0 1.5% | Mkt Cap: 11,079m
- Published:
28 Feb 2020 -
Author:
Auguste DERYCKX LIENART -
Pages:
2
The group released a good set of FY19 figures. EBITDA increased by 4.5% to €4bn (3.4% above the consensus), and EBIT by 5.0% to €1.7bn (5.6% above the consensus). The proposed dividend is €1 (versus a consensus at €0.98). The EBITDA guidance for FY20 is c. €4.1bn (5% above the consensus), and 2020-23 targets are higher than our forecasts.