Report
Louis Boujard, CFA ...
  • Philippe Ourpatian

Veolia : A message of confidence, resilience and growth

>Outperform rating and target price of € 43.4 maintained - We organised a road show in the US (Boston and New York) with the group. The tone of the message remains focused on confidence in the group’s capacity to achieve its 2023 targets and its ability to weather a potential economic slowdown, given a commercial profile that is more focused on services and on prices more than volumes. As expected, the group confirmed its trajectory for 2023 and its capacity to grow ...
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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