Veolia Environnement: Margin Gains, Growth Catalysts, And Double-Digit Upside Potential

Group 1 - Veolia Environnement is demonstrating resilience and growth in a sector often viewed as slow-moving and overregulated, with improving margins and accelerating "booster" segments [1] - The GreenUp plan is on track, contributing to the company's positive outlook [1] Group 2 - The investment approach focuses on macroeconomic analysis and valuation models, emphasizing financial structure, free cash flow generation, and capital allocation discipline [2] - There is a particular interest in companies undergoing transformation or recovery, with a favorable risk/reward profile over a 2-3 year horizon [2]