Luton, Bedfordshire, United Kingdom, June 12, 2025 (GLOBE NEWSWIRE) -- The global digital smart waste management solutions market is experiencing transformative growth, with an estimated valuation of USD 5.8 billion in 2024. Driven by technological innovation and increasing demand for sustainable practices, the market is projected to reach nearly USD 12 billion by 2034, expanding at a Compound Annual Growth Rate (CAGR) of 7.5% during the forecast period from 2025 to 2034. This surge is largely attributed to ...

Financial Data and Key Metrics Changes - Revenue grew by 5% excluding energy prices, reaching €44.7 billion, significantly higher than the typical 2% to 3% growth in previous years [8][41][80] - EBITDA increased by 5.8% to €6.788 billion, with an EBITDA margin improvement of 80 basis points to 15.2% [9][10][41] - Current net income rose by 14.6% to €1.530 billion, a record high for the company [9][42][80] - Current EPS increased by 12.4% to €2.13 [10][42][80] - Net financial debt decreased to €17.8 billion, resulting in a leverage ratio of 2.63x, below guidance [42][66][80] Business Line Data and Key Metrics Changes - Water operations revenue increased by 5.1% to €13.060 billion, with EBITDA up 8.7% [25][27][98] - Solid Waste revenue grew by 6.2% to over €11 billion, with EBITDA jumping by 11.2% [27][49][98] - Hazardous Waste revenue increased by 7.1% to €4.276 billion, with strong growth in Europe [23][94] - Bioenergy, Flexibility, and Energy Efficiency revenue rose by 5.3%, excluding energy price impacts [24][94] - District Heating and Cooling Networks revenue was stable, increasing by 0.7% excluding energy price [28][99] Market Data and Key Metrics Changes - The U.S. market contributed significantly, with 38% of revenue coming from outside Europe, amounting to over $5 billion [16][88] - Booster geographies, including the U.S., Australia, and the Middle East, grew by 6.3% at constant scope and ForEx [20][91] - Revenue from Water Technologies increased by 7% to €4.973 billion, with record bookings of €5.7 billion [22][93] Company Strategy and Development Direction - The company is in the first year of its 4-year GreenUp plan, focusing on enhanced growth in Booster activities and geographies [3][6][70] - A share buyback plan is set to launch from 2025 to 2027 to neutralize the impact of the employee shareholding program [4][12][40] - The company aims for current net income growth of 10% per year on average over the period, with dividends growing in line with EPS [71][72] Management's Comments on Operating Environment and Future Outlook - The management highlighted resilience and growth despite a challenging macroeconomic environment, including political uncertainties and the energy crisis [13][84] - Confidence in earnings growth for 2025 remains strong, targeting organic EBITDA growth of 5% to 6% and current net income growth of around 9% [39][110] - The company plans to raise its synergy target to €530 million by the end of 2025, reflecting its focus on profitability enhancement [39][110] Other Important Information - The company achieved €120 million in new synergies in 2024, reaching a total of €435 million, ahead of the year's target [30][58][101] - Free cash flow improved from €1.143 billion to €1.156 billion, supported by EBITDA growth and strict CapEx control [65][66] - The company is actively managing its portfolio, closing divestitures of nonstrategic assets for €1 billion while making tuck-in acquisitions of €641 million [109] Q&A Session Summary Question: What are the expectations for growth in 2025? - The company expects solid revenue growth excluding energy prices, with organic EBITDA growth between 5% and 6% and current net income growth around 9% [39][110] Question: How is the company addressing the impact of energy prices? - The management noted that energy revenue is hedged, and they anticipate a lower negative impact from energy prices in 2025 compared to 2024 [51][110] Question: What are the key drivers of the company's growth strategy? - The company emphasized its focus on Booster activities, strategic acquisitions, and operational efficiencies as key drivers of growth [3][20][70]

Veolia Environnement SA (OTCPK:VEOEY) Q3 2024 Results Conference Call November 7, 2024 2:30 AM ET Company Participants Estelle Brachlianoff - Chief Executive Officer Emmanuelle Menning - Deputy Chief Financial Officer Conference Call Participants Arthur Sitbon - Morgan Stanley Olly Jeffery - Deutsche Bank. Juan Rodriguez - Kepler Ajay Patel - Goldman Sachs Davide Candela - Intesa Sanpaolo Thomas Martin - BNP Estelle Brachlianoff Thank you very much, and good morning, everyone, and thanks for joining this co ...

Financial Data and Key Metrics Changes - Revenue for H1 2024 reached €22.1 billion, reflecting a 4.4% organic growth excluding energy prices, driven by strong performance in Water and Waste businesses [24][6] - EBITDA increased by 5.7% to €3.266 billion, while current EBIT grew by 6.6% to €1.730 billion [5][24] - Current net income rose by 15.2% to €731 million, on track to exceed the €1.5 billion target for the full year [6][24] Business Line Data and Key Metrics Changes - Water and Waste activities grew by 6.4% each, contributing significantly to revenue and EBITDA growth [29][31] - Energy activities decreased by 14.5% due to lower energy prices and milder weather, but intrinsic energy growth was 1.4% when excluding these factors [32][31] - Water Technologies and Hazardous Waste saw strong growth, with Water Technologies achieving €2.5 billion in revenue and Hazardous Waste at €2.2 billion [12][13] Market Data and Key Metrics Changes - Australia, the Middle East, and the US were highlighted as strong geographical performers, each showing over 6% growth [10][28] - Latin America experienced double-digit growth, particularly in Brazil, Chile, and Colombia [28] - North America continued to show solid performance in both water and hazardous waste activities [28] Company Strategy and Development Direction - The company is focused on its GreenUp strategic plan, emphasizing top-line growth, efficiency, and capital allocation [7][8] - The strategic plan includes a target of 10% annual net income growth and a return on capital employed (ROCE) above 9% by 2027 [9][21] - The company aims to transform its portfolio by divesting non-strategic assets and focusing on high-value projects [17][46] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving 2024 guidance despite challenges such as unfavorable weather and lower energy prices [6][24] - The company is well-positioned to benefit from megatrends such as decarbonization and water scarcity, which are expected to drive future growth [20][21] - Management highlighted the importance of public-private partnerships in addressing water quality and treatment needs, particularly in light of recent events like the Olympics [44][45] Other Important Information - The company achieved €350 million in efficiency gains in H1, with synergies from the Suez merger totaling €386 million since its completion [9][15] - The company confirmed its commitment to maintaining a leverage ratio below three times by year-end [40][52] - A significant divestiture of non-strategic assets, including the sale of sulfuric acid recycling activities for $620 million, was completed [17][40] Q&A Session Summary Question: Impact of the Olympics on water quality and treatment - Management acknowledged the Olympics raised awareness about water quality and could lead to increased investment in water treatment projects in France and abroad [44][45] Question: Details on the sulfuric acid sale and other non-strategic assets - The sale was strategic, with no synergies with other activities, and management indicated ongoing reviews of the portfolio for potential divestitures [46][48] Question: Contribution of recyclates to performance - Management noted a marginally positive contribution from recyclates in H1 and discussed various factors influencing future performance, including regulation and market conditions [49]

H1, 2024 RESULTS August 1st, 2024 Estelle Brachlianoff, CEO Claude Laruelle, CFO AGENDA 1. H1, 2024 highlights 2. Detailed H1, 2024 financial performance 3. Appendices Estelle Brachlianoff CEO Strong H1 results reflect the solidity of Veolia value creation model and the good start of GreenUp Strategic Program 4 1 GROWTH Strong commercial momentum Boosters up +6.9% (1) PERFORMANCE Continued operational excellence €194m Accelerated synergy delivery €71m 2 3 DYNAMIC CAPITAL ALLOCATION POLICY BOOSTING VALUE CRE ...

Therefore, the Zacks rating upgrade for Veolia Environnement basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price. The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of + ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on ke ...

In regulated water, in particular, in the U.S., volumes were up 3% and we concluded several favorable rate case negotiations in New Jersey and Pennsylvania. And in Chile, for Aguas Sandinas, volumes were stable and we have continued favorable price indexation. Q1 was also marked by an outstanding Water Technology performance, in particular, the membrane business with increased sales of our AERO Products, the project business with the beginning of the Samsung contract and the St. Louis sludge project, both i ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors rely on ...

On the 19 financial and nonfinancial targets circa 17 were achieved, including all the financial targets. You'll find details in the appendix to the document, but allow me to highlight a few of them. As a sign of our employee support, employee shareholding has risen even further, reaching 7.5% today, making employees the group's largest shareholder. The financial targets of Impact 2023 have all been exceeded. And I would like to point out that they would have been achieved even if we had not acquired Suez, ...