Report
Louis Boujard, CFA ...
  • Philippe Ourpatian

Veolia : A frank road show in Frankfurt

>Recommendation and fair value unchanged - At the end of a one-day road show in Germany, that was marked by the message of a continuation of the medium-term organic growth strategy based on the pursuit of cost controls and a buoyant economic environment, as reflected in the group’s earnings publication at the end of September, we are sticking with our Buy recommendation and our fair value target price of € 30 is reiterated. This is based on the historic cycle-peak and...
Underlying
Veolia Environnement SA

Veolia Environnement provides environmental management services to public authorities, industrial and commercial services customers, and individuals worldwide. These services include the supply of water, the treatment and recovery of municipal or industrial effluent, waste collection, processing and recycling, the supply of heating and cooling services and the optimization of industrial processes. Co.'s business operations are conducted through three divisions, each specializing in a single business sector: Veolia Eau (Water), Veolia Energie (Dalkia, Energy Services) and Veolia Proprete (Environmental Services).

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Louis Boujard, CFA

Philippe Ourpatian

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