- Veolia’s Earnings Before Interest, Taxes, Depreciation, and Amortization (Ebitda) for the first half of the year was EU3.37 billion, matching market estimates.
- The company’s revenue was reported at EU22.05 billion, experiencing a slight decline of 0.4% compared to the previous year, falling short of the EU22.23 billion estimated by analysts.
- Revenue from France and Special Waste Europe saw a 3.5% decrease, amounting to EU4.37 billion.
- Revenue from Europe excluding France increased by 5.2%, reaching EU9.73 billion.
- Revenue from the rest of the world declined by 7.1%, totaling EU5.53 billion.
- Water technologies revenue showed a modest increase of 0.5%, rising to EU2.41 billion.
- Current net income increased by 4.2% year-on-year to EU762 million, surpassing the market’s estimate of EU734 million.
- Net income rose by 0.9% to EU657 million.
- The company’s net debt was EU20.76 billion, slightly below the estimated EU20.83 billion.
- Veolia maintained its forecast for organic Ebitda growth of 5% to 6% for the year.
- The company confirmed its full-year guidance.
- Veolia affirmed its commitment to achieving its GreenUp 2024-2027 targets.
A look at Veolia Environnement SA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Veolia Environnement SA, a company that operates utility and public transportation businesses, has received mixed ratings in its Smartkarma Smart Scores. With a strong showing in Dividend and Growth scores, indicating good potential for income generation and expansion, the company seems positioned for long-term stability and growth. However, the lower Resilience score raises concerns about the company’s ability to weather challenges and uncertainties, despite favorable Momentum in its operations.
In summary, Veolia Environnement SA appears to be a company with promising prospects for dividends and growth, but may face challenges in terms of resilience. Investors looking for a balance of income potential and growth opportunities may find Veolia Environnement SA a candidate worthy of further consideration in their portfolios.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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