Seche Environnement - A very good Q3, annual growth target may yet be exceeded
Continued strong growth in Q3 (+8% organic) in line with H12023 guidance reiterated, and which could quite easily be exceeded in terms of growthNew multi-year plan to be presented in DecemberBuy opinion (vs. Add) and target price maintained at €115/shareSeche Environnement offers environmental management solutions for industrial clients or local authorities. Co. operates waste treatment and recovery facilities and develops tools to produce energy from waste. Co. also collects and sorts all types of waste, whether household or industrial, hazardous or non-hazardous. For local authorities, Co. manages household waste and other environmental concerns. Co. is engaged in thermal treatment, storage, methanization of household waste and production of alternative fuels. For industrial clients, Co. has developed products and services for handling industrial waste from waste production sites to elimination facilities.
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