Veolia Environnement SA reports nine month results
Veolia Environnement SA press release (OTCPK:VEOEY): Q3 Strong EBITDA growth, to €4,936m compared with €4,793M at September 30, 2023, i.e. +5.6% organic growth Revenue of €32.54B (+1.7% Y/Y). Current EBIT growth of +6.4% at €2,601m, at constant scope and forex. 2024 Guidance fully confirmed Solid organic growth of revenue. Efficiency gains above €350m complemented by synergies for a cumulated amount of now more than €430m end 2024, in line with the €500m cumulated objective. Organic growth of EBITDA between +5% and +6%. Current net income Group share above €1.5bn. Leverage ratio expected below 3x. Dividend growth in line with Current EPS growth.
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