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Nearly 10 billion euros in turnover for the "new Veolia"

2022-05-12T07:01:18.925Z


This increase is partly linked to the rise in energy prices, which the environmental services giant passes on to its customers.


Veolia, which absorbed a large part of Suez in mid-January, recorded nearly 10 billion euros in activity for this first quarter in its new configuration, and expressed its confidence despite the “

current economic and geopolitical context

”.

The environmental services giant's turnover reached 9.935 billion euros, up 14.7% at constant scope and exchange rates, an increase linked in part to the rise in energy prices, which Veolia passes on to its customers.

Excluding higher energy prices, it increased by 7.1%, beyond its usual growth, underlined the group's CEO, Antoine Frérot.

Read alsoVeolia joins Suez in great shape

Combined operating income (current Ebit) is 692 million, up 18%, thanks to "

strong commercial momentum

" and a cost savings program, said Thursday the boss of Veolia, who does not on the other hand, this time did not publish any net income, group share.

The year has started well for the new Veolia.

Our champion of ecological transformation is on track and keeping its first promises

, ”assured journalists Antoine Frérot, who presented his latest quarterly results before handing over the reins on July 1 to Estelle Brachlianoff.

Source: lefigaro

All business articles on 2022-05-12

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