Veolia Environnement S.A. (OTCPK:VEOEY) Q3 2022 Earnings Conference Call November 9, 2022 2:30 AM ET Company Participants Estelle Brachlianoff - Chief Executive Officer Claude Laruelle - Chief Financial Officer Conference Call Participants Ajay Patel - Goldman Sachs Arthur Sitbon - Morgan Stanley Jenny Ping - Citi Olly Jeffery - Deutsche Bank Vincent Ayral - JPMorgan Tancrede Fulop - Morningstar Olly Jeffery - Deutsche Bank Juan Rodriguez - Kepler Philippe Ourpatian - ODDO BHF Verity Mitchell - HSBC Arnaud ...

Veolia Environnement S.A. (OTCPK:VEOEY) Q1 2022 Earnings Conference Call May 12, 2022 2:00 AM ET Company Participants Antoine Frérot – Chairman & Chief Executive Officer Estelle Brachlianoff – Chief Operating Officer Claude Laruelle – Chief Financial Officer Conference Call Participants Ajay Patel – Goldman Sachs Juan Camilo Rodriguez – Kepler Cheuvreux Arthur Sitbon – Morgan Stanley Philippe Ourpatian – ODDO BHF Olly Jeffery – Deutsche Bank Verity Mitchell – HSBC Operator Ladies and gentlemen, welcome to V ...

Veolia Environnement S.A. (OTCPK:VEOEY) Q4 2021 Results Conference Call March 17, 2022 3:30 AM ET Company Participants Antoine Frérot - CEO Estelle Brachlianoff - COO Claude Laruelle - CFO Conference Call Participants Ahmed Farman - Jefferies Arthur Sitbon - Morgan Stanley Philippe Ourpatian - ODDO BHF Arnaud Palliez - CIC Market Juan Rodriguez - Kepler Cheuvreux Antoine Frérot Thank you, and good morning, ladies and gentlemen, and thank you for connecting to this conference call of VeoliaÂ's 2021 annual re ...

Veolia Environnement S.A. (OTCPK:VEOEY) Q3 2021 Results Earnings Conference Call November 4, 2021 3:30 AM ET Company Participants Antoine Frérot - Chairman & Chief Executive Officer Claude Laruelle - Chief Financial Officer Estelle Brachlianoff - Chief Operating Officer Conference Call Participants Xavier Regnard - Bryan Garnier Nicolas Bouthors - AlphaValue Tancrède Fulop - Morningstar Emmanuel Turpin - Societe Generale Philippe Ourpatian - ODDO BHF Andrew Fisher - Berenberg Juan Rodriguez - Kepler Cheuvre ...

Veolia Environnement S.A. (OTCPK:VEOEY) Q2 2021 Earnings Conference Call July 29, 2021 2:30 AM ET Company Participants Antoine Frérot - Chairman & Chief Executive Officer Estelle Brachlianoff - Chief Operating Officer Claude Laruelle - Chief Financial Officer Conference Call Participants Andrew Fisher - Berenberg Philippe Ourpatian - ODDO BHF Antoine Frérot Thank you and good morning ladies and gentlemen and thank you for attending this conference call on Veolia's First Half 2021 Results. I am this morning ...

Veolia Environnement S.A. (OTCPK:VEOEY) Q1 2021 Earnings Conference Call May 5, 2021 2:30 AM ET Company Participants Antoine Frerot - Chairman and Chief Executive Officer Estelle Brachlianoff - Chief Operating Officer Claude Laruelle - Chief Financial Officer Olivier Brousse - Head of Strategy and Innovation Conference Call Participants Emmanuel Turpin - Societe Generale Philippe Ourpatian - ODDO BHF Olivier Van Doosselaere - Exane Juan Rodriguez - Kepler Cheuvreux Andrew Fisher - Berenberg Operator Ladies ...

Veolia Environnement SA (OTCPK:VEOEY) Q3 2020 Earnings Conference Call November 5, 2020 2:30 AM ET Company Participants Antoine Frérot - Chairman & CEO Estelle Brachlianoff - COO Claude Laruelle - CFO Conference Call Participants Olivier Van Doosselaere - Exane BNP Paribas Emmanuel Turpin - Societe Generale Juan Pablo BerrÃos - Sagil Capital Juan Rodriguez - Kepler Cheuvreux Andrew Fisher - Berenberg Philippe Ourpatian - ODDO BHF Operator Ladies and gentlemen, welcome to the Veolia Q3 2020 Results Conferenc ...

Veolia Environnement SA (OTCPK:VEOEY) Q2 2020 Earnings Conference Call July 30, 2020 2:00 AM ET Â Company Participants Antoine Frérot - Chairman & CEO Estelle Brachlianoff - COO Claude Laruelle - CFO Conference Call Participants James Brand - Deutsche Bank Emmanuel Turpin - Societe Generale Olivier Van Doosselaere - Exane BNP Paribas Vincent Ayral - JPMorgan Chase & Co. Verity Mitchell - HSBC Antoine Frérot Thank you. Good morning, ladies and gentlemen, and welcome to this conference call on the Veolia H1 2 ...

July 30th, 2020 H1, 2020 Results Disclaimer 2 H1 2020 Results Veolia Environnement is a corporation listed on the Euronext Paris. This document contains "forward-looking statements" within the meaning of the provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements are not guarantees of future performance. Actual results may differ materially from the forward-looking statements as a result of a number of risks and uncertainties, many of which are outside our co ...

Financial Data and Key Metrics Changes - Revenue increased by 5% over the first nine months of 2019, with Q3 benefiting from good water and waste volumes [4][5] - EBITDA grew by 5.1%, while EBIT progressed by 5.5% over the nine months, and current net income rose by 7.5% to €486 million [5][11] - Net debt remained stable at €12.5 billion despite €230 million of financial investment in Q3 [11][23] Business Line Data and Key Metrics Changes - Water revenue in France showed a 2.7% increase over nine months, while waste activities experienced a slight decline due to contracted activity and low recycled paper prices [5][12] - Waste activities grew by 7.1%, driven by volume increases and price indexation across various geographies [15][19] - The international segment saw a 9% revenue growth in Q3, with strong performance in Asia and Latin America [12][20] Market Data and Key Metrics Changes - France's revenue growth was 2.7%, while the Rest of Europe grew by 5.3%, with Central Europe at 6% and the U.K. at 4.5% [5][12] - The Rest of the World experienced an 8.2% revenue increase, with Asia growing by 12% and Latin America by 21% [5][20] - The U.K. and Southern Europe showed double-digit growth, particularly in waste activities [19] Company Strategy and Development Direction - The company focuses on high-potential and fast-growing activities while downsizing competitive or low-margin businesses [6][7] - The strategy emphasizes strong organic growth and cost efficiency, with €185 million in cost savings achieved over nine months [8][9] - A new strategic program for 2020-2023 is being prepared, to be presented in February 2020 [9] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in maintaining profitability despite challenges in revenue growth, particularly in France [30][31] - The company aims to increase profitability by focusing on high-margin activities and reducing exposure to low-margin municipal collection [32][56] - Management noted ongoing competitive pressures, particularly in construction and municipal waste collection, while highlighting opportunities in specialized waste and recycling [54][56] Other Important Information - The company expects net debt to be around €11 billion by year-end, factoring in asset disposals and acquisitions [24] - Significant improvements in free cash flow were noted, with €300 million better than Q2 and €100 million better than Q3 last year [23] Q&A Session Summary Question: Regarding lower works from Global Businesses and waste volume - Management confirmed that the selective policy in construction and waste activities is intentional, focusing on higher-value contracts [26][27] Question: Trends in France's revenue growth - Management indicated that the trend in French Water will remain stable, with no major changes expected in waste activities [30][31] Question: Reasons for EBITDA decline in waste activities - The decline is attributed to selectivity in revenue and a negative impact from recyclate prices [37] Question: Pricing pressure on EBITDA - Management explained that pricing pressure arises from labor cost increases and competitive pressures, necessitating efficiency gains [41][42] Question: Investment in plastic treatment capacity - Management confirmed ongoing investments in high-quality plastic recycling activities [47] Question: Maintenance CapEx increase - The increase in maintenance CapEx was due to the phasing of maintenance equipment, not a significant concern [49] Question: Competitive environment and plant utilization - Management noted varying competition levels across segments, with some areas facing increased pressure while others remain less competitive [52][56] Question: Future strategic plan focus - Management indicated that the upcoming strategic plan will build on lessons learned and market opportunities identified [59] Question: Sustainability of cost-cutting measures - Management affirmed that cost-cutting is now part of the company's DNA and will continue to be a key element of the business model [60][61] Question: Asset rotations - Management acknowledged the potential for asset rotations to focus on more profitable businesses, although not driven by immediate deleveraging needs [62]