The trend seen in H1 19 persists in Q3 with top-line growth being driven by the Waste and Energy divisions, thanks to resilient volumes and favourable pricing. Still, a marked slowdown in France in Q3 sours the group’s otherwise solid performance. Group EBITDA continues benefiting from Veolia’s cost savings programme, which is well ahead of schedule to reach the €220m target. As the current strategic plan reaches an end, the expectations for the 2020-23 ought to be high.
08 Nov 2019
Strong Waste and Energy lead a satisfactory 9M19
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Strong Waste and Energy lead a satisfactory 9M19
Veolia Environnement SA (VIE:WBO) | 0 0 1.5% | Mkt Cap: 11,079m
- Published:
08 Nov 2019 -
Author:
Jorge Velandia -
Pages:
3
The trend seen in H1 19 persists in Q3 with top-line growth being driven by the Waste and Energy divisions, thanks to resilient volumes and favourable pricing. Still, a marked slowdown in France in Q3 sours the group’s otherwise solid performance. Group EBITDA continues benefiting from Veolia’s cost savings programme, which is well ahead of schedule to reach the €220m target. As the current strategic plan reaches an end, the expectations for the 2020-23 ought to be high.