Suez: cuts investments by 15% in 2020
(CercleFinance.com) - Suez has announced that it will, "Take strong short-term measures to significantly reduce our expenses and costs, beyond what was originally planned," and that this year it will reduce total investments by around 15% compared to 2019 levels.
In line with previous announcements, and given the strength and liquidity of its balance sheet, the utilities group will propose a 2019 dividend of 0.65 euro per share, payable in May, as planned.
Suez has also confirmed that its AGM on Tuesday 12 May, which, subject to confirmation of regulatory texts, will be held without the physical presence of shareholders, and will be webcast live on the Suez website.
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