- Veolia’s 1Q Ebitda (Earnings before interest, taxes, depreciation, and amortization) of EU1.62 billion has exceeded the estimates, witnessing a 3.2% year-on-year increase.
- The company’s revenue, however, saw a 3.8% decline year-on-year to stand at EU11.56 billion, falling short of the estimated EU11.79 billion.
- Revenue from France and Special Waste Europe reached EU2.32 billion.
- Revenue separate from France, accounted only within Europe, was EU5.15 billion.
- Revenues from the rest of the world amounted to EU2.93 billion.
- The firm’s water technologies division garnered revenue of EU1.16 billion.
- Veolia reported a net debt of EU19.00 billion.
- The company maintains its year forecast of organic Ebitda growth between 5% to 6%.
- Veolia still expects its current net income to be above EU1.5 billion, surpassing the estimate of EU1.49 billion.
- The company still anticipates its leverage ratio to be below 3.
- Veolia has confirmed its targets for 2024.
- Veolia has also confirmed its GreenUp targets for 2024-2027.
A look at Veolia Environnement SA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
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 engaged in utility and public transportation businesses, has garnered promising scores in various key factors. With a strong growth score of 5, Veolia is well-positioned for long-term expansion and development. Moreover, the company has received a high dividend score of 4, indicating its commitment to rewarding shareholders with consistent payouts. In terms of momentum, Veolia scored a solid 4, reflecting positive market sentiment and potential upside in the stock.
However, Veolia received a slightly lower resilience score of 2, suggesting some vulnerability to external economic shocks or industry disruptions. Despite this, the company’s overall outlook remains optimistic, especially considering its value score of 3. Investors may find Veolia Environnement SA an attractive prospect for its growth potential, dividend offerings, and positive market momentum.
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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