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MarketScreener Homepage  >  Equities  >  Euronext Paris  >  Veolia Environnement    VIE   FR0000124141

VEOLIA ENVIRONNEMENT

(VIE)
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Veolia : Will Recover All of Its Rights No Later Than February 5, 2021

11/19/2020 | 04:34am EST

Regulatory News:

Veolia (Paris:VIE) takes note of the decision of the Paris Court of Appeal. Suez has declared to the Court that "the information-consultation procedure of its employee representative bodies began" on November 3, 4 and 5, 2020. Veolia therefore takes note that no later than February 5, 2021, it will recover all its rights.

Only the management of Suez is under legal duty to organize an information-consultation of its employee representative bodies. Veolia has provided Suez’s management, over a month ago now, with all the information and documents necessary for this information-consultation.

Veolia points out that it has always made itself available to the managers of Suez and its employee representative bodies, and as soon as August 30th. Veolia remains available to present its project to employee representatives.

...

Veolia group is the global leader in optimized resource management. With nearly 179,000 employees worldwide, the Group designs and provides water, waste and energy management solutions which contribute to the sustainable development of communities and industries. Through its three complementary business activities, Veolia helps to develop access to resources, preserve available resources, and to replenish them.
In 2019, the Veolia group supplied 98 million people with drinking water and 67 million people with wastewater service, produced nearly 45 million megawatt hours of energy and treated 50 million metric tons of waste. Veolia Environnement (listed on Paris Euronext: VIE) recorded consolidated revenue of €27.189 billion in 2019 (USD 29.9 billion). www.veolia.com


© Business Wire 2020
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Financials
Sales 2020 25 947 M 31 575 M 31 575 M
Net income 2020 365 M 445 M 445 M
Net Debt 2020 11 191 M 13 619 M 13 619 M
P/E ratio 2020 28,8x
Yield 2020 3,19%
Capitalization 12 645 M 15 393 M 15 388 M
EV / Sales 2020 0,92x
EV / Sales 2021 0,87x
Nbr of Employees 171 212
Free-Float 95,5%
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Mean consensus OUTPERFORM
Number of Analysts 11
Average target price 23,94 €
Last Close Price 22,35 €
Spread / Highest target 38,3%
Spread / Average Target 7,09%
Spread / Lowest Target -17,2%
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Managers and Directors
NameTitle
Antoine Frérot Chairman & Chief Executive Officer
Estelle Karine Brachlianoff Chief Operating Officer
Claude Olivier Francois Laruelle Chief Financial Officer
Christophe Nebon Director-Technical & Performance
Didier Bove CIO, Senior VP-Information Systems & Technology