PARIS (dpa-AFX) - France-based waste management business Veolia
Environnement SA (VIE) on Tuesday said it is confirming its 2024 full-year
objectives.

EBITDA increased to 1.62 billion euros, from 1.57 billion euros in the
prior-year period resulting in a strong organic growth of +5.7 percent, within
the guidance range of +5 percent to +6 percent.

Current EBIT increased sharply by +11.1 percent, to 843 million euros.

Consolidated sales stood at 11.6 billion euros in the first quarter of 2024,
versus 12.0 billion euros in the year-ago period, implying a growth of 3.9
percent excluding energy prices. Sales varied by -1.7 percent on a like-for-like
basis.

Based on the excellent results achieved in the first quarter of 2024, the
company has confirmed the guidance for 2024 encompassing solid organic growth of
revenue, organic growth of EBITDA between +5 percent and +6 percent as well as
current net income group share above 1.5 billion euros.



Copyright(c) 2024 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX