Veolia: 6% EBITDA growth in 2024
(CercleFinance.com) - Veolia unveils a 14.
6% increase in net income before non-recurring items, group share, to 1.53 billion euros for 2024, with organic EBITDA growth of 5.8% to 6.79 billion euros, underpinned by operating efficiency and synergies exceeding targets.
This improvement in results is also underpinned by organic sales growth of 5% to 44.7 billion euros, with an 'excellent year in water and waste, despite the sluggish economy, thanks to a unique strategic positioning'.
The Board of Directors will propose to the AGM on April 24 the payment of a dividend of E1.40 per share for 2024, payable in cash. The ex-dividend date is set for 12 May, and dividends will be paid from 14 May.
For 2025, the utilities group expects growth in net income before non-recurring items (group share) of around 9%, organic EBITDA growth of between +5 and +6%, and "solid organic growth" in sales.
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6% increase in net income before non-recurring items, group share, to 1.53 billion euros for 2024, with organic EBITDA growth of 5.8% to 6.79 billion euros, underpinned by operating efficiency and synergies exceeding targets.
This improvement in results is also underpinned by organic sales growth of 5% to 44.7 billion euros, with an 'excellent year in water and waste, despite the sluggish economy, thanks to a unique strategic positioning'.
The Board of Directors will propose to the AGM on April 24 the payment of a dividend of E1.40 per share for 2024, payable in cash. The ex-dividend date is set for 12 May, and dividends will be paid from 14 May.
For 2025, the utilities group expects growth in net income before non-recurring items (group share) of around 9%, organic EBITDA growth of between +5 and +6%, and "solid organic growth" in sales.
Copyright (c) 2025 CercleFinance.com. All rights reserved.