EBITDA was down by nearly 10% over the year but was perfectly in line with the consensus. In the first months of FY21, the group is still impacted by lower waste volumes but offset by a positive price effect – in all, FY21 EBITDA is expected to increase by more than 10% to finish above €4bn. The group also intends to restore its pre-pandemic dividend policy. We will slightly increase our figures, but no significant changes are expected.
25 Feb 2021
FY20 – in line with expectations
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FY20 – in line with expectations
- Published:
25 Feb 2021 -
Author:
Auguste DERYCKX LIENART -
Pages:
3
EBITDA was down by nearly 10% over the year but was perfectly in line with the consensus. In the first months of FY21, the group is still impacted by lower waste volumes but offset by a positive price effect – in all, FY21 EBITDA is expected to increase by more than 10% to finish above €4bn. The group also intends to restore its pre-pandemic dividend policy. We will slightly increase our figures, but no significant changes are expected.