Veolia Environnement : announces third quarter results above expectations dévoile des résultats du troisième trimestre supérieurs aux attentes

Veolia has maintained and will continue to maintain its full range of essential services throughout the world, including in countries that have been hit particularly hard by the pandemic. At the same time, it has safeguarded employee health and safety to the absolute best of its abilities. The people at Veolia have responded present, day in, day out, which explains the way in which the Group has managed to very quickly bounce back to near normal business levels.

The Group's strong capability to adapt and the engagement of all its employees has paid off. Alongside these efforts, a very encouraging third quarter puts Veolia in a position to aim to achieve a level operating performance in the fourth quarter equivalent to that recorded in the same period in 2019.

At constant scope and exchange rates, 2020 Q3 results have already exceeded 2019 figures, with revenue totaling €6,293 million, stable on Q3 2019, EBITDA equaled €893 million, up 2.5% on the year, current EBIT came out at €333 million, up 4.3% on the year, and current net income, Group share reached €142 million, up 10.6% on the year.

Pour continuer d'alimenter la croissance future de Veolia, le Groupe a maintenu tous ses To continue fueling future growth, the Group has decided to sustain investment in development and innovation, which has made it possible to expand its toxic waste processing capabilities in Asia and the Middle East. The Group will also continue to invest and innovate in the high-growth areas of recycling plastic or organic waste, for example in Asia, and pursue its acquisitions in toxic waste in the US and energy management in eastern Europe, as with the recent takeover of the heating network on Prague's left bank.